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To: Starlight who wrote (10925)5/9/2000 11:12:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 60323
 
Elizabeth Smallfelt said:
>>One thing to remember -- all bull markets in the past have ended with a speculative blow-off and interest rates that have been rising. Doesn't that sound like a place where we are now?<<

I would like to see a source (website preferred) that has a historical listing of Interest Rates on a yearly or semi-yearly average before comparing this Bear Market with any other in regards to Interest Rates.

But I do see a test of the Nasdaq around 2700-2800 . Right now the Nasdaq is breaking below its 200 day MA.



To: Starlight who wrote (10925)5/10/2000 7:59:00 PM
From: Craig Freeman  Read Replies (1) | Respond to of 60323
 
Elizabeth, if you take a 10-year graph of the NASD and draw a "best fit" line, you end up smack dab on today's close. If trends mean anything, we aren't entering a bear market. Instead, we appear to be exiting a correction necessitated by a speculative bubble.

IMHO, if we aren't at the bottom yet, we're darned close.

Craig


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