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Today's distribution sure is different than the April 1997 rebound from the eight week sell off shown above.
Abe, Perhaps I am missing the point of your post, so excuse me, but when I look back to the April 1997 rally you highlighted, with a FTD on the S&P on day 7, I note that the NSDQ was divergent when compared with the S&P500. The NSDQ didn't rally and remained below its 200DMA over the following week. Any thoughts? Thanks. Brad
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