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Yo, Earl, your nose smells bear scat. Yesterday's late NYA rally and
today's have all the odorifness of bear scat. Just look at this intraday
cumulative volume. Additionally, the modified Hines ratio jumped all the
way up to the Buy Puts alert with closing cboe data. Let's face it we are
seeing a real live bear market in the NYA. First it was a breadth bear and
now price bear.
BobR
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, February 23, 2000 6:43 PM
Subject: [RT] Deeper correction ahead
> My primary NYSE model, which was already in sell mode, is now signaling
> a larger and longer correction and this is confirmed by the hi/lo and
> a/d volume models. NASDAQ is in sell mode and I am suspicious of today's
> rally. Anyone looking at interest rates via TBonds should have a look at
> the corporate yield curve or the prices of corporate bond indexes across
> short/intermediate/long maturities- in short corporate rates are rising
> across the board and show no signs of abating.
>
> Earl
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, February 22, 2000 7:59 AM
> Subject: [RT] Re: chek out abix/sp sell off
>
>
> > Many are looking for a big rally here now that we've had a nice little
> > decline. My work suggests that the bottom is not in. Could be a
> tradable
> > rally from 1330 area beginning on the 23rd but I don't believe such a
> > rally can exceed the previous pivot high at 1450.
> >
> > Earl
>
>
>
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