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To: TimF who wrote (24012)8/17/2001 8:29:06 PM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Yes, I have seen that point made elsewhere. In any case, it looks like we are headed for a retest of the April lows now...

Btw, I just computed that if the Nasdaq had declined as much as the QQQ i.e. Nasdaq 100 has year-to-date, it would be at 1598 now, instead of at 1867. So, it looks like the little guys (financials, retailers, electric companies etc.) in the Nasdaq have been responsible for keeping the Nasdaq from having a more severe case of diarrhea! The big guys have all been taken to the backyard and shot (and that is still "work in progress", IMO).