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Strategies & Market Trends : The picks

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To: Patrick Slevin who wrote (5047)2/14/1997 10:42:00 AM
From: Trader X   of 6124
 
did you know,

Yes, BUT in percentage terms, it's not as big a deal as 5000 to 6000 was. Still, it WAS quick.

People still look at 100 point days the same way they did when the Dow was at 2500...
then it was a a 4% move! Now it's just a 1-1/2% day.

Still, this is the biggest bull market in history of the Dow, Starting back on Dec 21, 1990 when the Fed first cut interest rates to fight the ressesion.

I remember that day vividly. It was a day that will Live in Infamey!

Kevin
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