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Re: Ace Hanlon post# 321436

Thursday, 11/11/2004 11:37:36 PM

Thursday, November 11, 2004 11:37:36 PM

Post# of 704041
Actually, I see a number of peaks to 80 or above, all of them presaging selloffs of varying magnitudes. August 2000 peaked at 83.05, though, on the 24th, just a few days before the whole Market fell off a cliff.

It's a very interesting indicator...

(We've had six straight days over 80, though, which is a first. Maybe this time is different?}

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