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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (46551)2/2/2001 4:56:10 PM
From: Softechie  Read Replies (1) of 57584
 
AS I won't disagree with you on how cheap techs are right now but only in relative to their high. When you look at the comparision chart between the INDU and COMPX, you'll see they dance together until '98 when techs went on to be a bubble and bursted but it's still up 30% from Dow right now. Here's the link to comparision charting:
bigcharts.com

It's either the Dow to come up and meet Nasdaq or the other way around. In the end, the good health for the market is to see these two dance together once again.
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