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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (27798)8/16/2000 11:03:32 PM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
Allan, the DOW is not the market, the NAZ and SPX are more reflecting the market

haim, what market?

since 1998 there have been two markets, most "old economy" stocks had a blow-off into 98 and have been in a bear market until the nyse a/d bottomed, the same week the nasdaq blow-off topped.

the dow represents the old eco
the nas new eco
the spx is the in between.

to make the dow insignificant is to dismiss 30 of the blue-est of the blue chips.

b



To: Haim R. Branisteanu who wrote (27798)8/16/2000 11:46:44 PM
From: AllansAlias  Respond to of 42787
 
Haim, I really do not care about the rummy Dow beyond its s-t ability to shape perceptions. I was commenting on the silly notion that the Dow could run another 1300 points from here in the near future.


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