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ajtj99

04/24/03 12:05 AM

#100740 RE: Zeev Hed #100737

Does not the fact that the trailing 52-week Nasdaq range in Dec. 2002 went up to 2098, but it now only goes to 1850 play a part in the 52-week high divergence?

If it does not, I do recall we had more highs in April 2002 than in Dec. 2001:

http://stockcharts.com/def/servlet/SC.web?c=$NAHGH,uu[l,a]dallynay[de][pf]&pref=G

Maybe instead of leadership it's just real good distribution.