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Pastimes : Ask Mohan about the Market

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To: Link Lady who wrote (16534)9/27/1998 11:15:00 AM
From: John Hunt  Read Replies (2) of 18056
 
Comparison DJII AND S&P 500 With TSE

Hi Wendy,

I just overlaid the TSE 35, TSE 300, DJII AND S&P with the following results.

There is very good correlation in the timing of the peaks and valleys with the Dow over the last two years, a little less so with the S&P.

On the last leg down, the following were the percentages:

DJII 17%
S&P 500 21%

TSE 35 29%
TSE 300 29%

Based on this, it looks like maybe the TSE may have a deeper decline than the US market.

Just a guess, BWDIK.

John

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