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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (32555)	2/23/2002 11:33:11 AM
From: Crimson Ghost	Read Replies (3) \| Respond to of 99280

I did not say the NAZ will not go down when the Dow gets smashed. Just that it probably will not go down that much. The bubble has moved from the NAZ to the Dow. The current action reminds of of the tail end of the 1973-74 bear market. By mid-1974 most of the market had taken a beating but a small group of "nifty-fifty' stocks -- touted during the 1960s bull as one decision stocks that should never be sold -- held up incredibly well. But they finally got smashed and the stage was then set for a major and sustained rebound.