Idea Of The Day Message Board

STOCKTALK

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.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IQBAL LATIF who wrote (36817)	2/22/2001 11:43:17 AM
From: James Strauss	Read Replies (1) of 50167

Ike: The Nasdaq is looking for some traction... In the past 10 years there has been a 5:1 ratio between the Dow-30 and the Nasdaq prices... Last year it dropped below 3.00... Now it's back to 5:1... If the Dow doesn't fall apart we could be very close to the bottom... In 1991 there was a 5.8:1 relationship... At current Dow prices that would put the Nasdaq at 1800... There is a 6:1 ratio of Nasdaq New Lows to New Highs... That's not the kind of reading you see at solid bottoms... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next