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John,
An alert for sure. NYSEMcOsi ROC only
+11.
The lowest ROC since
the market bottomed.
Best,
Rhonda
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
John Cappello
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, August 01, 2002 12:11
AM
Subject: [RT] Catch 22 Market
Rhonda helped me pick up an error in my post. Advancing
issues of NYSE exceeded Declining issues by a narrow
margin.John------------------ Reply Separator
--------------------Originally From: John Cappello <<A
href="mailto:jvc689@xxxxxxx">jvc689@xxxxxxx>Subject: [RT] Catch 22
MarketDate: 08/01/2002 00:48amThere have been some pretty
educated guesse about tomorrow. My observations are that we are just 50/50
either way.1. Declining issues on the NYSE exceeded Advancing issues
for the day.2. Momentum was negative vs the prior day per Wallstreet
site.3. On a yearly daily chart of the S&P the spike is now above
the moving volume line almost as much as it was below just
prior.4. J&J helped the Dow and the S&P immensely at the
close.5. What has been presented here by others regarding an upswing
is very believable.And that is what makes a horse
race.John------------------------ Yahoo! Groups Sponsor
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