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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,685.61
(
-0.32%
)
Post# of 704019
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Zeev Hed

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Zeev Hed

Re: ogm post# 310738

Sunday, 10/17/2004 7:45:06 PM

Sunday, October 17, 2004 7:45:06 PM

Post# of 704019
Since January, we really have not had major extreme optimistic sentiment readings, until we get such, the markets internal will not allow, most of the times, a major debacle. That is why I think that we still have a major leg up during which we get real extreme optimism, such as bullish advisors above or very near 60%, bearish one well under 20%, EPC in the .4 to .45 with hopefully an excursion just under .4, and a number of other parameters as well as divergences, like new highs in major indices made due to a minority of generals rather then with broad leadership etc.

AZH

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