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The bottom plot on the SuperT chart is Ben's proprietary composite breadth
Technical Index. Some RTers may recall back in April or May when the TI was
still in the horizontal channel.....and it was stated that if the TI fell
out of the bottom of the channel, the INDU was in for a 1500 point
decline....here we are 1500+ and the TI is still falling. It isn't expected
to bottom until Sept/Oct at the earliest as in previous years.
In case anyone was wondering what the status is of the Probability
Sympathizer(on the Cone chart) I used to post on RT...it is beginning to
look like September came early this year....or worse yet, September this
year....you fill in the blank.
bobr
ps: RT mail was getting to be overwhelming along with the other lists I am
on so I switched to the "read at leasure" mode at Yahoo Groups rather than
receive in realtime or in digest mode.
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