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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (22973)	1/27/1999 8:24:00 AM
From: J. P.	Read Replies (1) of 50167

IQBAL, I follow this thread and am always impressed by the forcasts and level of accuracy. I have a question about the Nasdaq composite: iqc.com I've been in the stock market for a few years, and am still learning a lot every day. It's been my experience that the Nasdaq steeply corrects after a runup. Every time, there's a different macro reason, but it's the same repeating cyclical pattern. Now it looks like we are at a level that has historically market the beginning of one of those Nasdaq downturns. Do you feel that the Nasdaq can hold this runup this time around? Why is this time different?

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