Ahh Canada - 2 out of 3 ain't bad Message Board

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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Shack who wrote (1997)	4/11/2001 11:18:22 AM
From: Cush	Read Replies (3) of 5144

Shack, it's all about perspective isn't it? <ggg> I'm looking for this to start creating some enthusiastic buying - next week, or fizzle away. Can't recall if it was you who posted about the % growth required to regain some of the 95% losses that many stocks have had. As we all know, it takes 100% growth to regain a 50% loss, and a lot of tech stocks have lost 50% or more, since the beginning of the year. So 20% is a nice start. <vbg> Been looking at some charts using Peter's DMI lines. Quite interesting. I'll post some more on it later today, or this evening. Weird movement on the NYSE again today. Kind of surprising me that it hasn't infected the Nasdaq. CNBC's going to have to find some more doom&gloomers to control this exuberance before it gets out of hand. <ggg> Cush

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