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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (86024)11/29/2000 2:43:33 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
T, It hasn't started filtering yet because the decline hasn't been that severe yet in the larger cos. But it will be.



To: Tommaso who wrote (86024)11/29/2000 3:02:54 PM
From: Mike M2  Read Replies (3) | Respond to of 132070
 
T, I know a few people who were heavy into tech and are down around 50% . I don't offer unsolicited advice anymore but they didn't believe in TL & Ev when I told them. Call me a crackpot ho ho ho I expect the Nasdaq to go below 1000. Mike



To: Tommaso who wrote (86024)12/1/2000 12:44:54 AM
From: Thomas M.  Read Replies (1) | Respond to of 132070
 
Not quite what you were asking, but I thought this was interesting proof of the wealth effect:

<<< ISI's Ed Hyman has come upon a striking correlation between swings in stocks and retail sales. Since 1996, he says, there have been 14 swings in the stock market. Each has been echoed in retail sales figures. Previously, there was no such correlation. >>>

Tom