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Strategies & Market Trends : News Links and Chart Links
SPXL 227.57+0.7%Dec 11 4:00 PM EST

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To: Les H who wrote (2272)7/11/2002 12:00:23 PM
From: Gottfried   of 29602
 
Les, Dow/Nas ratio: I was just talking about that elsewhere. It's highest since '91 and needs to come down towards 5, preferably by Dow dropping more or Naz going up. A chart with grids making it easier to see normal levels: Message 17722220

Note how low it went in 2000, but came back up to 5.

Gottfried
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