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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Eric P who wrote (4890)10/17/1999 3:20:00 PM
From: Herc  Read Replies (1) of 18137
 
Not only has the NASDAQ not had its usual 5-7% rise over the last peak, in July, but it pulled back 7% from its recent Oct. peak, which was only a paltry 2% over the July peak. And I still remember last Oct. 8 when stocks rocketed. And the NASDAQ is overbought compared to the NYSE because that's where the growth is. So there are really some bargains on the NYSE. The NYSE adv/dec and hi/lo lines are terrible. Do the people on this thread ever buy non tech stocks?

So I ain't scared if history is any guide!
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