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Politics : Foreign Affairs Discussion Group

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To: sylvester80 who wrote (187123)	5/23/2006 10:18:26 PM
From: Hawkmoon	Read Replies (1) of 281500

I seem to recall that it was YOU who decided to mention that the DOW was down 600 points... I don't recall hearing you say anything about the other indices. The Nasdaq is up 100% since it's low in 2002 and can go as low as 1900 and maintain the uptrend: bigcharts.marketwatch.com The SPX, on the other hand, really needs to hold these levels to avoid retracing back to 1100, but it's up almost 75% in 3 years: bigcharts.marketwatch.com Nothing goes up forever. All stocks have to take a breather and consolidate. If anything, it shakes the speculation out of the marketplace and puts the stock in the hands of more long-term investors. Hawk

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