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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (13245)8/4/2002 4:17:17 PM
From: techanalyst1  Read Replies (1) of 57684
 
How much do I wanna bet these girls were from California? Man they give us a baaaaaaaaaaaaaad name!

A statistical oddity for ya:

Naz was down intraday in 2000 43.77% from it's close on Dec. 31st 1999. It was down 43.85% intraday in 2001 from it's close on Dec. 31st 2001. At it's intraday low this year it was down 38.86%. Less than 100 points from the intraday low we just saw equals the two declines in the previous two years.

Nothing goes straight down. I'll be surprised if there is a whole lot more downside in the naz for the remainder of the year even with a crummy economy.

TA
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