Market Breadth Data******************************

Wednesday, February 28, 2007


A look at a historical intraday phenomenon.
Shortly after 1 p.m. the buying pressure on the NYSE and NASDAQ effectively dropped to zero. That's when the bulk of the intraday drop occurred.
By comparison, on both September 17 and 20, 2001, the buying pressure index never dropped below 3.

(This kinda dispells the computer glitch story, doesn't it?)

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