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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Swami who wrote (45922)12/3/2000 6:20:54 PM
From: seismic_guru  Read Replies (1) of 62348
 
<Cold unemotional analysis(Ha!!) tells me the worst is behind us>

Well let me be the first to go out on a limb and state in no uncertain terms the worst is behind us. On a points basis the NAS has been clipped 2610 from its highs, to surpass that it would have to go negative. On a percentage basis, the NAS has been clipped over 50% from its highs, to surpass this it would have to go to into the 1200's (possible yes, but not probable) and not even the super bears have tossed that number out yet.

I do find it kind of interesting to see how all comparisons are with the NAS to Nikkei, anyone have any comparisons of the DOW and Nikkei charts to see how they compare? I agree we are involved in a tech wreck, however the old econ has not rolled over yet. Could you imagine the carnage of DOW 5500?

SG :)
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