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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (40566)6/13/2002 11:36:52 AM
From: Kelvin Taylor  Read Replies (2) of 53068
 
"Since when is last summer just like this summer?"

look at the numbers and see

from Feb 1 - June 12, 2001 NAZ lost -491 pts or 18%

from Feb 1 - June 12, 2002 NAZ lost -410 pts or 21%

what happen from June 12, 2001 til Sept 1?
NAZ lost another -223 or 11%

history may not repeat, but one must be full aware of past pricing patterns. what catalyst makes this market go higher?
we are now about to enter the warning season so anything is possible. and the market may very well become more cautious, IMO.
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