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We don't have to be experts in Dow Theory to see the negative divergence between the DJTA and the DJIA. In fact, the DJTA thrust to new highs (perhaps in reaction to falling oil prices) has left the DJIA in the dust. Although the Industrials could play catch-up in a hurry, as of this moment, that average is a LONG WAY from confirming the DJTA thrust to new highs-- 457 points, or 4.5% to be exact... to confirm a Dow Theory Buy signal. Once the DJIA hurdles key resistance between 10,620 and 10.720, the odds of a vertical thrust to new highs increases dramatically. Conversely, if the Industrials fail to confirm the DJTA, and reverse, Dow Theorists will telling us to run for our financial lives... if they aren't already. MJP 11/03/05 2:30 PM ET DJIA: 10,528; DJTA: 3,982

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