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Strategies & Market Trends : The Player's Club

SPY 671.91

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Nov 14 4:00 PM EST

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To: John Pitera who wrote (3611)	1/4/2000 12:14:00 PM
From: Chip McVickar	Read Replies (1) of 11513

John, Apparently very little of the historical data and measures of market stability can be applied to the Nasdaq and certainly not to the companies coming public with interests in the Internet new world. >>one standard deviation encompasses 68% of the historical possibilities in any given statistical study, while two standard deviations encompass 95% of these possibilities.<< If one had taken this adice they'd be very unhappy today. It could continue on for years as with the early oil companies, railroads, and the telephone. Chip

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