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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34573)10/2/2001 1:57:31 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68212
 
The Nasdaq is down 71% from its March 2000 high, and nearly two out of every three of its stocks trade below 10.

investors.com

When the market is trending lower, your best bet is to stay in cash. Most stocks follow the market’s path. After the Nasdaq peaked in March 2000, seven out of 10 stocks on that exchange fell in the following 12 months. Their median loss? A painful 62%.

investors.com