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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Cabo Eddy who wrote (37279)	3/16/2001 8:51:32 AM
From: IQBAL LATIF	Respond to of 50167

Initially when NAZ comes up we will see a divergence, as must have noticed when NAZ recovers MO sells, we have DOW now a refuge and a 'kind of flight to quality' from fears of this ongoing technology meltdown..I think this recent test of DOW was kind of capitulation and if a future one has to come it will be in broad market, NASDAQ will be less impacted. I will assume that earnings will be good and DOW will recover but look at the target that divergence i have talked about is still built in, 3800 NAZ and DOW 11500 in percentage terms is not the same...