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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (90220)3/12/2001 4:28:10 PM
From: Nadine Carroll  Read Replies (1) of 132070
 
Mike,
The speed of the Nasdaq move is awesome:

2000 to 5000 to 2000: 15 months up, 12 months down
2500 to 5000 to 2500: 8 months up, 8 months down

I liked that second figure -- I found something that really was different this time! the stocks went down no faster than they went up!

But of course, downturn as a whole is proceeding faster than the rise. Oh well.
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