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

To: Softechie who wrote (83065)6/21/2002 7:19:14 PM
From: SirRealist  Read Replies (3) | Respond to of 99280
 
As a general rule of thumb, Nasdy tends to behave at 1/3 what the Dow does, so down 120 points DJIA means NASDy is in the vicinity of 40 down. Certainly, this is not exact and wider variances occur. But I haven't seen the disparity as extreme as 24 pts/178 pts since early 2000.

It coincides with my comments in the past month that the Dow had way more damage ahead than NASDy.


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