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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (15775)	1/12/2003 5:45:12 PM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

The context was how much of people's collective investment has been lost. The actual market cap loss will be less as a percentage because of the constant issuing of new stock, but it is the level of the index that most closely matches people's total losses. If lizzie thinks that a 95% loss has occurred and she thinks such a level is a reasonable place to stop the bear, then she needs to accept her math was wrong and should be expecting the bottom to be reached when the nas is at 257 ! I think there is a chance of seeing that level but let's get the more visible targets such as 1000 out of the way first !