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Hi,
Bobr.,
This is just fun stuff.
From: BobR
To: realtraders@xxxxxxxxxxxxxxx
Cc: gannsghost@xxxxxxxxxxxxxxx ; Vincent DONOVAN ; Victor Wadel
Sent: Thursday, January 31, 2002 5:05 PM
Subject: Re: [RT] nasdaq 100 /sell
Ben, the CV is back to where it was on the close of 1/28 and open of 1/29
yet the ND is below its level of the same days. The yellow Andrews
Pitchfork is pointing at 1610. What is your interpretation of the
divergence between the CV and the ND as of today's close? What would the
CV have to do on Friday to convince you the ND is going higher? How do
you calculate the ND move in points with respect to the CV move? The
uvol/dvol ratio is getting rarified at 2.77 as is the upissues/dwnissues
at almost 2.0 These both seem to be saying there is underlying strength
in the Nasdaq. What I would expect in the next few days is for the ND to
work higher and the latter two ratios to diverge downward from the ND. A
very similar CV and breadth ratio situation exists with the SP and the
NYA data.
bobr
Are you talking about basket weaving or integration of seismic
activity with power rangers?
Keep it up, I enjoy it immensely. Like listening in on a spy
talking pigeon English to another spy.
Much amused, Ric.
P.S.
It must have made some sense because I understood the answer! which
was
Unless we can close tomorrow above 1572.93 cash we are still in a down
trend
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