SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: upanddown who wrote (81055)12/8/2000 2:28:12 PM
From: Tommaso  Respond to of 95453
 
" This 67.5% retracement is now in excess of the 60.6% average
give-back in seven preceding Nasdaq bear markets since 1978 and could suggest the end of the bear market is
near."

Yes, but next to nothing has happened to the Dow. Some Nasdaq stocks may well go to zero and disappear. It has happened to lots of companies in the past. (Actually it happens to ALL companies sooner or later. But some go on for decades, a very few even for a century or more.)