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Technology Stocks : WDC/Sandisk Corporation
WDC 158.52-4.6%10:47 AM EST
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To: limtex who wrote (17665)12/27/2000 3:37:18 AM
From: JOHN N.  Read Replies (1) of 60323
 
Limtex;

Don't you think that Greenspan is paying closer attention to the drop off of the DOW and really doesn't care what happens to the NASDAQ. After all, the DOW has only dropped around 8% so far and most major bear markets result in a drop off of around 20% for the DOW. Where do you think that the NASDAQ would be if the DOW drops to around 9000 which is what I think would constitute a major drop in Greenspans mind.

When do you think that the DOW will drop off as the recession progresses? Do you or Zeev think that Greenspan will wait this long?
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