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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.78-4.8%Dec 12 9:30 AM EST

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To: kapkan4u who wrote (82604)6/16/2002 12:01:54 PM
From: Jim McMannisRead Replies (1) of 275872
 
RE:"That's about right with the DOW at 5000. However a drop of Y-1929 magnitude will take the DOW to under 1500. Most folks consider such scenario extremely unlikely -- otherwise they would all be in cash and equivalents."

Nasdaq is 1500. DOW typically at 5 times that. So Either the Nasdaq goes up or the DOW hits 7500. I wonder which will happen first.
Trouble is that people that are underwater usually hold on on the way down, to their peril.

Jim
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