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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (2851)9/21/2000 10:43:24 PM
From: RR  Respond to of 65232
 
The Naz a year ago now was about 2800. Went to around 4200 first of year, for a 50% increase. In mid-Oct, the Naz had gone down to about 2650, yet climbed back in about 80 days to 4200, for a 58.5% increase.

Oh let's do it again what say. Naz can go down to 3340 and with the same percent increase from last Sept still hit 5000 by year end, and can go down to 3155 and still hit 5000 using the same increase as from last Oct to year end.

Those are rounded numbers, and I just glanced at the chart. Jim "Slide Rule" Willie can square root closer but my purpose was to sort of get a thumbnail view from here to 5000 versus last year, realizing of course it would be hard to repeat and especially now if other big ones start to warn like INTC.

RR