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In a message dated 11/24/00 7:06:26 PM Eastern Standard Time,
eadamy@xxxxxxxxxx writes:
<< My 3 NASDAQ breadth models (a/d issues, highs/lows, a/d volume) all
confirmed the 22Nov low by declining solidly below the 13Nov oscillator
values. The good news is that 2 of the 3 models display a bullish
divergence to the 12Oct low (lower price and higher model oscillators).
This setup is not unlike the 24May lows which produced a very strong
rally before rolling over. Bottom line is that I think we need a heavy
volume day with extremely strong a/d volume to confirm the reversal.
Earl >>
I agree with earl
i would think we rally into 12/1-12/4 follow by a retest of the low
and THEN explode upside
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