SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco
CSCO 72.11-0.3%Nov 5 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Curtis E. Bemis who wrote (249)11/11/2000 5:22:58 PM
From: The Phoenix   of 405
 
Curtis,

Thanks for the link to John's post. Seems to make sense. I recall someone saying that that NAZ at 5100 was 4 standard deviations above expected values.. not sure how the "normal value" was calculated. This person went on to say that 4 standard deviations below "normal" is NAZ 2600 (or somewhere around there I may not remember precisely the numbers).. so it would appear that we're currently below where most feel the NAZ should be priced. With all the uncertainty this is to be expected however... I suspect once things normalize we'll get back to a normal trending market and away from this volatility. I suspect that we may see the NAZ slide lower but not too much further. What is puzzling is how well the DOW is holding up. NAZ is 40% off it's high.. the DOW is 15% off it's high. Perhaps we need to see the DOW at 9500 before we can move higher again.... don't know. I do sense however a feeling that the bulls feel we go lower and the bears are overjoyed... all the makings for a bottom.

OG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News