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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (90739)4/5/2001 10:53:42 PM
From: AllansAlias  Read Replies (1) of 436258
 
Team exuberance indeed.

I don't have the jam tonight to finish and post the NASDAQ chart with the all time up days overlayed, but what strikes me immediately is that 9 of the top 22 (41%) were between the middle of October/00 and the beginning of Jan/01. That's a completely whacky anomaly historically. The bulls fought very hard back then. In the decline from the beginning of January until now we had none -- until today. What relentless down we have had. In NASDAQ terms it is unprecedented. Since rolling off the January 31 top we have had the mother of NASDAQ down legs.

There are other gems in this study -- more to follow from Brafoo.

Cheers
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