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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (6395)7/30/2001 7:02:10 PM
From: GraceZ  Read Replies (1) of 74559
 
In reality the market has only fallen 29% from mid April highs to approximate a decline of the same magnitude as the DOW did 70 years ago

It's interesting that when you are referring to the market you only include the Nasdaq and then only those in the index (correct me if I'm wrong). What happens when you include all the stocks on the NYSE and AMEX to your percentage declines or even just the DOW or the Russel 3000 or Wilshire? Last time I looked the US had many publicly traded companies that aren't on the Nasdaq exchange.

As the major indexes masked the over all bear that the rest of the stocks were in during the parabolic rise of the Naz, the indexes are now masking the recovery of those companies' stocks. I'm curious how many companies there were in the year after the 1929 break that had 15% or more appreciation in their stock prices?

I count 623 today alone that have risen more than 15% in the last year. What's really interesting is that many have increased significant percentages over that:

screen.yahoo.com
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