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[Porter]

Monthly Trend Value 8 (trending up) Weekly Trend Value -5 (weakly trending down) Daily Trend Value -2 (questionable) 45-min Trend Value -12 (running downtrend) Turtle Trend (LT) 1 (mixed) SPM Trend ..........Q......M.....W.....D.....45' SPM....U......U......D.....U......D Value..2......2......-2......0......-3 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Down Weekly--Down Monthly--Neutral Globex 45-min Trend Down 135-min Trend Down ------------- Keltner Band Trend 10-day Up 7-day Neutral ----------- Moving Average Trend Mason-Dixon (NDX 200H) Up Gator (SPX 13D+8) Up Mallory (NYA 49D) Up SB (SPX 75D) Up Chandelier Trend Zweig (MID5%) Up Stox (NAZ9%) Up Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Down NY 10D NH% Up ND 10D DEAD Down ND BP RSI Down NY Vol McSum Down ND Vol McSum Up Oversold Running 45-min downtrend on all 4 indices McClellan Oscillator -174 Comments Most of the momentum indicators turned down. Largest number of New Lows on the NYSE since 10/17/97 The 45-min trend turned down in all 4 indices. The 135-min Globex spoos trend turned down. The Daily trends will likely turn down today. Porter

[PorkLoin]

Largest number of New Lows on the NYSE since 10/17/97

Hi Porter,

Really -- largest number of new NYSE in six and a half years? Holy Gamole! That seems amazing to me, considering where we are in relation to the lows or 2002 and 2003.

I guess we're gonna find out which way this beast is gonna go here, before too long. Thanks for your immensely consistent posting! You are a Fearless Forecaster with lots of seniority.

Best,

Doug

[Porter]

Really -- largest number of new NYSE in six and a half years? Holy Gamole! That seems amazing to me, considering where we are in relation to the lows or 2002 and 2003.

I was a bit sleepy when I wrote that.
I meant to write the largest number of Declines for the NYSE since 1997.

Porter