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Technology Stocks : For Hedge Fund Analysts and Managers

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To: NotNeiderhoffer who wrote (9)4/13/2000 11:39:00 PM
From: Wizard  Read Replies (1) of 499
 
NASDAQ - High to Low:

7/13/90 10/12/90 470.27 322.98 -31.3% 91
7/21/98 10/8/98 2028.06 1357.09 -33.1% 79
Average: -32.2% 85

3/10/00 4/4/00 5132.5 3649.1 -28.9% 25

The last column is the number of days from top to bottom (Excel does that for ya).

One third off looks like where we are going. That would put us at 3439 and break the 200-day. Then a rally. Then.... then we either crash or we go to the moon. How is that for some perspective.
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