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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (12687)	3/21/2001 3:52:45 PM
From: JRI	Respond to of 37746

Do you really think so, Velo (Dow is the play?)...on a % basis, Naz could fall as far as Dow.....for example, if Dow goes to 8k....(15.7% move)....an equivelent Naz move would be to 1550 or so.....I could see that.. In the last week, the Naz has fallen more than Dow (on % basis)...

To: velociraptor_ who wrote (12687)	3/21/2001 9:43:36 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 37746

Velociraptor: Along these lines -- does the emergence of a bear market in the S&P and the Dow over the past month suggest that money may be moving from Dow stocks into NASDAQ stocks as the Dow sinks lower, or is this a case of: "A plague o'er both houses". In short (no pun intended): Do you think we will see a bottom in the NASDAQ due to rotation from Dow stocks into tech stocks or will the NASDAQ continue its decline (although at a slower rate than the Dow)? Inquiring minds want to know!!