Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (17437)	3/4/2002 12:10:12 PM
From: Original Mad Dog	Read Replies (1) \| Respond to of 23786

Excellent point Jeff.... Here's a two year chart for the Dow: finance.yahoo.com^DJI&d=c&t=2y&l=on&z=b&q=l With the exception of the Sept. 11 hiccup, that's a trading range market if I've ever seen one. I think the writer adopted the general perception that the market has been in a huge decline (true of the Naz but not really of the Dow) and extrapolated that to a point he wanted to make about the Dow. Even if you go back three years on the Dow chart (to before the Y2K madness), it still looks like a trading range. Another thing.....The Dow's decline, however minor, was brought about in large part by a decision to change the index a couple years back to add techs....including MSFT and INTC. Without that change, the decline in the Dow would have been more muted than it was.