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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (11917)2/13/2000 8:54:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
** More Stats from Werkenstiff Capital Mismanagement **

From 1971 until 1998, there have been two occasions where the Nasdaq has started a 20% or more decline in the first half of the year. One was in 1973-1974 where the Naz declined 60% from January 11, 1973 to October 3, 1974. There was one rally during that time period which exceeded 10%. By February 14, 1973, the Naz was 7.79% off its high.

The other occurrence was from January 8, 1980 until March 27, 1980 where the Naz dropped 24.91%.

There were six other occurrences where the Naz corrected 20% or more between 1971 and 1998 but those declines all started in the latter half of the year.

On the other hand, a quick check reveals no time periods where the Nadasq has had two 10% corrections in such a short period of time. This market is extremely volatile.
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