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To: Dorine Essey who wrote (161980)10/10/2000 3:40:34 PM
From: GVTucker  Read Replies (2) | Respond to of 176387
 
Just for perspective, even though this decline easily qualifies for a bear from a NASDAQ perspective, the normal market proxies are far from bear market territory.

To hit the requisition down 20% number commonly used for a bear market, the Dow would hit 9378 (another 1150 points down) and the S&P would hit 1221 (another 170 points down).



To: Dorine Essey who wrote (161980)10/11/2000 12:28:03 PM
From: PAL  Read Replies (3) | Respond to of 176387
 
Dorine:

i would not be surprised if today is the final capitulation of the market since we are testing the low in May which could signal the bottom, and i think nasdaq will turn positive for the day.

ot ... ot ... thanksgiving weekend will be in las vegas. if you are there can meet you somewhere, and don't ever miss that lunch/buffett at bally's.

as always best regards to you and herb

paul


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