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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: HairBall who started this subject	3/9/2001 5:11:23 PM
From: CRL	Read Replies (2) of 99985

We have convergence!!! quote.bloomberg.com As of today's close the 5-year histories of the DOW, the S&P and the NASDAQ Comp are: DOW = +96.12% S&P = +96.28% NSD = +99.69 Approx 14.5% compounded annual return for each. Above longer-term average but far from out-of-line in a period of low inflation, rising productivity, and above-trend GDP growth. Where's the froth? It's gone friends!

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