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Strategies & Market Trends : Tech Stock Options
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To: Dwight E. Karlsen who wrote (46592)6/23/1998 1:06:00 AM
From: donald sew  Read Replies (2) of 58727
 
INDEX UPDATE
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Just a tidbit - I am hearing from many that the NAZ has sold off dramatically more than the DOW.

Just from a analysis by ratio comparison, I dicovered that the actual divergence between the DOW and the NAZ is only 57.09 DOW points or 11.83 NAZ points.

I am using 4.824:1 for the DOW:NAZ ratio based on today's closing price.

I mentioned this since I am hearing comments like >> THE NAZ CANT GO DOWN MORE SINCE IT HAS SOLD OFF FAR MORE THAN THE DOW <<<<

I realise that my analysis is far from complete since it is only considering pure mathematical ratios, and not considering any other factors like YEAR-TO-DATE PERCENTAGES, ETC.

Just food for thought.
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