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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Scott Bergquist who wrote (7297)8/17/2001 6:29:37 AM
From: Moominoid  Respond to of 74559
 
The NASDAQ is below July 1998 levels FYI....



To: Scott Bergquist who wrote (7297)8/17/2001 8:07:58 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>Is the market below 1998 levels?<<

The 30 stocks in the DJIA are not "the market." Haven't checked lately but last time I checked "the market" (stocks traded on NYSE, AMEX, NYSE and OTC) had lost more than $5 trillion in market cap from a high of around $20 trillion. That ain't chicken feed, and it's enough to qualify as a bear market.

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