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Horrible market internals today

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Don Tiberone

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Aug 6, 2007, 11:34:18 PM8/6/07
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Only 45% of the stocks rose in the Amex today. And only 46% rose in
the Nasdaq. The NYSE had 638 new lows compared with only 38 new highs.
The Nasdaq had 533 new lows compared to 64 new highs. This is
basically the same thing that happened all of last week. The new lows
were swamping the new highs even when the markets were rising.

aero...@flight.net

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Aug 7, 2007, 7:53:24 AM8/7/07
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The reason is simple.......Big Money is pouring artificial liquidity
down the throat of S&P index futures......They'll have the DOW at 16K,
while the rest of the "market" lauguishes......

qwest602000

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Aug 7, 2007, 9:09:59 AM8/7/07
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On Aug 7, 4:53 am, aeron...@flight.net wrote:
> On Mon, 06 Aug 2007 20:34:18 -0700, Don Tiberone
>

we could have an economic recession with a 16k dow

d.

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Aug 7, 2007, 11:06:40 AM8/7/07
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qwest602000 <qwest...@yahoo.com> wrote:

IMO that combination could only occur about 6-10 years from now.

com...@webtv.net

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Aug 7, 2007, 10:28:12 AM8/7/07
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that is why i put 90% of my 401k into money market late last year.if i
had not done that i would have lost money even though the dow went up.

" Children should be treated as ambassadors from a higher culture "

com...@webtv.net

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Aug 7, 2007, 10:29:42 AM8/7/07
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part of it is the sarbanes -oxly bill that decimates small companies and
lets the big companies steal al their business.

Jerry

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Aug 7, 2007, 10:59:51 AM8/7/07
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Yeah, tell me about it. Market way up and my stuff way down. :-(

Jerry
"Don Tiberone" <s_kn...@my-Deja.com> wrote in message
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Don Tiberone

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Aug 7, 2007, 11:00:06 AM8/7/07
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On Aug 7, 4:53 am, aeron...@flight.net wrote:
> On Mon, 06 Aug 2007 20:34:18 -0700, Don Tiberone
>

When the market internal improves, it could be a sign of a bottom. For
example, in early March when the markets retested their lows, the
number of new lows didn't increase and in fact, were lower, a sign of
downside exhaustion. Looking at the numbers today, there doesn't seem
to be much improvement. We haven't seen this many lows since the
2000-2002 bear market. However, I think alot of financial, real
estate, and homebuilders have been skewing the numbers.

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