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Strategies & Market Trends : Sharck Soup
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To: mishedlo who wrote (36595)10/17/2001 12:28:29 AM
From: Softechie  Read Replies (2) of 37746
 
The Nasdaq Composite Index rose 1.52%, or 25.76 points, to 1722.07, hitting a new high since the terrorist attacks. The index, dominated by volatile technology stocks, now is up 21% from its postattack low of 1423.19. By the rule of thumb that a 20% gain marks the beginning of a bull market, the Nasdaq's latest bear market technically is over -- although in the past 18 months the volatile index has repeatedly moved in and out of bear markets.
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