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look at the last 5 days
# of stocks making new high decrease while the sp500 kept making higher
high
does that clears the point
just a bearish divergence
nice day
Ben
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <gannsghost@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 12, 2002 8:41 AM
Subject: [gannsghost] Re: [RT] sp500/nasdaq
> Attached find daily new highs and lows for the NASDAQ and NYSE (daily and
> weekly). Perhaps I did not correctly interpret your statement but it looks
> to me like the new highs have expanded quite nicely over this rally while
> new lows have declined?
>
> Earl
>
> ----- Original Message -----
> From: "profitok" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <gannsghost@xxxxxxxxxxxxxxx>
> Sent: Monday, March 11, 2002 8:04 PM
> Subject: [RT] sp500/nasdaq
>
>
> > Hello and nice evening to all
> > I have a bearish outlook for at least until 3/15-3/18
> > reasons
> > a the 5 and the 10 day trin are at a 34 day low
> > b: with the sp making a higher high almost daily we STILL do NOT
have
> increasing new yearly new highs,,
> > c: p/c very bearish (lowest in 34 days)
> >
> > just wondering also where the score for BOTH NASDAQ and sp500 stand?
> > good trading
> > Ben
> > p.s
> > I still see 1212 sp cash by 4/1-4/3/02
> >
>
>
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>
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