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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (124307)9/20/2001 3:59:29 PM
From: steve susko  Read Replies (1) of 436258
 
here is a clip on 98's lows:

On September 1, 1998 the DOW bottomed at 7379.70 and a few weeks later formed a double bottom with another low at 7399.78 on October 8th, 1998. That’s still about 900 lower!
The S&P 500 hit a major low on October 8th at 923.30. That’s still about 90 points lower!
Lastly the NASDAQ hit an important low on October 8th, 1998 at 1357.09 that is very close to current levels of 1488. So a low at 1194.16 made on April 25th 1997 looks more likely to be relevant, or some where between the two.
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