A high percentage of random stocks I chose to look at, about 30 or so, primarily peaked in Sept., or in May.
This was a bit of a surprise. I would have expected the peaks occurring now. Just an observation.
Many stocks peaked last year
Started by
nimblebear
, Feb 23 2007 10:10 PM
1 reply to this topic
#1
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 23 February 2007 - 10:10 PM
OTIS.
#2
mss
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- TT Sponsor
- 6,182 posts
I'M WATCHING
Posted 24 February 2007 - 12:01 PM
For the W/E 02/23/07 the NYA, NASD., & AMX had a total of 451 new 52 week highs and 53 new lows.
This was a 9.5 to 1.0 ratio of new highs to lows.
It is also note worthy that NYA & SPX have 68/70 % stocks above their 20dma, 77/78 % above their 50dma, & 84/91 % above their 200dma.
These numbers are not necessarily all time highs, but they are suggestive of a strong market at the present time.
Can we get a correction -- ANYTIME now. 
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A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
