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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/12/2001 12:54:53 PM
From: Softechie	of 37746

TAKE A LOOK-Nasdaq below 2,000 in biggest bear market ever The Nasdaq Composite Index (^IXIC - news) on Monday morning dipped below the key 2,000 mark for the first time in more than two years as tech companies continue to report a steady flow of bad news -- from weak growth forecasts to lay-offs. The Nasdaq market is now 60 percent below its March 10, 2000 high, surpassing the 1973-1974 bear market, when the Nasdaq Composite fell 59.9 percent. The Standard & Poor's 500 Index (^SPX - news) also is poised to close in bear market territory -- defined as a drop of 20 percent from a high -- for the first time since 1987. Reuters is preparing a package of stories on the stockm market fall. To see the latest market report, please type in .N and press the F9 key. To access the following stories, double-click on the codes in brackets.

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