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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Amy J who wrote (128634)3/1/2001 1:55:52 PM
From: John Koligman  Read Replies (1) of 186894
 
If we close at these levels today, the NAS should achieve the milestone of 'worst bear' in it's history. We were at -58% yesterday, the '73-'74 drop was just under 60%. Here are the numbers (a couple months old from a post I did on the Daytrading Fundamentals thread... That said, I'm joining you in starting to build a 'trading only' position in INTC...

Regards,
John

To:Wayne Van Scoyoc who wrote (10709)
From: John Koligman Saturday, Dec 2, 2000 12:57 PM
View Replies (2) | Respond to of 12111

Wayne, here is the data on the nastiest market breaks... Looks like this is the second largest percentage drop in the NAS, the first was to a level of 54!!! Pretty sobering when one looks at how far the index has risen.

Regards,
John

Index Date Index Index value Decline Time from
reached low at low from high peak to
low in
days
DOW IND 7/8/32 41.22 -89.2% 1,039

S&P 500 6/1/32 4.41 -86.2% 998

NASDAQ
Composite 10/3/74 54.87 -59.9% 630

NASDAQ
Composite 11/30/00 2597.93 -48.5% 265

S&P 500 10/3/74 62.28 -48.2% 630

Dow Ind 8/24/21 63.90 -46.6% 660

Dow Ind 12/6/74 577.60 -45.1% 694

Dow Ind 5/26/70 631.16 -36.6% 1567

Dow Ind 10/19/87 1738.70 -36.1% 55

S&P 500 5/26/70 62.29 -36.1% 543

NASDAQ
Composite 12/4/87 292.92 -35.7% 100

S&P 500 12/4/87 223.92 -33.5% 101



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