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To: Kevin Podsiadlik who wrote (129251)8/16/2001 8:14:54 PM
From: craig crawford  Respond to of 164684
 
>> Was it you that asserted that to me a couple of years or so ago? I asked exactly what you meant by "the broad market" and never got an answer. The Wilshire index, which is generally accepted as the broadest index around, briefly topped in Sping 98 but went on to new heights along with most every other index until early 2000 <<

• "Alas, 1998 was not the best of years for an awful lot of investors. Truth is, as our friend Bob Farrell, Merrill Lynch's astute market watcher, points out, the majority of stocks suffered a losing year in 1998. Losers on the year outpaced winners both on the New York Stock Exchange and, more dramatically, on Nasdaq, where the 1,690 stocks that registered higher prices for 1998 were handily outnumbered by the 3,351 that fell." —Barron's, 1/11/99
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