To decide how the stock market is be having, most investors carefully follow the price of their own stocks and the day-to-day movement of the Dow-Jones industrial average. But Wall Street's market analysts watch closely for a far more telling sign: the whole pattern of the market's trading behavior. Since the Dow-Jones average covers only 30 stocks, more can be learned by watching the overall price and volume movements of the more than 1,500 stocks on the New York Stock Exchange. If technical factors in the entire market form a pattern that is more bullish than bearish, the prices...
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