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Friday, August 05, 2011 11:48:55 AM
NASDAQ 52 Week Highs and Lows on Long Term Charts:
The number of new lows expand on any sell off. On a short term bottom they may hit a quick peak. On a long term bottom the number of new lows will actually be lower than the days of panic selling that precede the bottom.
The number of new lows expand on any sell off. On a short term bottom they may hit a quick peak. On a long term bottom the number of new lows will actually be lower than the days of panic selling that precede the bottom.
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