maxi's - 5 wives new guinea way - thursday, page-52

One positive sign for bulls is if SPI discount is big at 4:30.

One of the things that was worrying lately during the decline was that SPI did NOT go to decent discounts.

Never a good sign and can be interpretated in different ways.

My suspicion is it means lack of belief in the downside and that is a contrary indicator.

Whatever, major declines lack SPI constant large discounts until reasonable bottoms along the way.