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Re: [RT] 73-74 Bear



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For some reason, I can't pull up my 73-74 a/d issues and hi/lo oscillators
at the moment, however as noted in my "Equity Indexes" comments, the breadth
has been pretty decent on this rally with current divergences to be
expected. Regarding volume, I note that volume dropped off significantly on
the last leg of the rally.

Earl

----- Original Message -----
From: <candlestyk@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 14, 2001 6:14 AM
Subject: [RT] 73-74 Bear


> Earl,
>    Do you know what the Adv-Dec, and how smaller cap indicis were doing
then?
> A-D looks pretty good still, and % of Stocks > 200dMA is very healthy ( in
> fact approaching an area of upper resistance).
>
>    Your comment about SUNW looking sick is an understatement IMO.   Sun,
CSCO
> et all have been crushed.  Could certainly go lower, or base for years,
but
> are making higher lows and higher highs right now.  NASDAQ or tech stocks
> have one heck of a trading range without making new highs.  Notice the
very
> light volume on Thur. and Fri. last week?  Looks like a big move one way
or
> the other.
>
> Ray F


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