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Strategies & Market Trends : Raptor's Den II

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To: Kirk © who wrote (1530)	12/18/2003 3:17:43 AM
From: E. Davies	Read Replies (2) of 3432

The lesson to be learned from this is that the Dow is just 30 stocks and does not have to track with the rest of the market. The divergence of the dow relative to everything else in the last couple of weeks has been truly stunning. This month the dow is up 3.7% in 13 trading days while the s&p is up less than half that (1.7%) and nasdaq is -2%. Smells like a very sick market when all they can think of to buy is one narrow index. Eric

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