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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (77698)5/31/2001 9:12:12 PM
From: TWICK  Read Replies (1) | Respond to of 99985
 
Must be because the other indexes are more diversified. I do believe that it's their turn to tank, once the layoffs start hitting the non-tech industries.

Twick



To: Chispas who wrote (77698)5/31/2001 9:45:19 PM
From: ajtj99  Read Replies (1) | Respond to of 99985
 
Chispas, you really have to go back 5-years minimum to really see how the indexes are trading now relative to their recent history:

finance.yahoo.com

This allows for the Nasdaq bubble inflating and deflating.

The QQQ is too new to go back that far, but it tracks the COMPX pretty close.