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<DIV><FONT size=2>One last post for the evening. Applying the
previously posted Trend Exhaustion Index to both new highs,advances and new
lows,declines and overlaying the plots provides an interesting view of both the
upper extreme and lower extreme. Before this bottom is in we need to see
the green TEI of new lows and declining issues stop rising and make lower
peaks. At that point it should drop back and the two TEI's track together
in the middle zone until Y2K fears subside and the beginning of year rally pulls
the red TEI upward in a series of rising peaks. This might just turn out
to be a long bottoming process.</FONT></DIV>
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<DIV><FONT size=2>BobRoeske</FONT></DIV></BODY></HTML>
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