Thursday, February 19, 2009

Breadth

I'm not seeing the breadth to the downside that we saw last time we tested 7450 in the Dow. Below is an overview of the Sectors and the % off their 52 week lows. It compares what we saw on November 21st and what we are seeing now. I'm not trying to call a bottom here, but it's something to keep in mind.

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