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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (992)8/4/1998 5:57:00 PM
From: Les H  Read Replies (1) | Respond to of 3339
 
Europe seems to be doing much worse in the correction. They're off about 15% before today. Looks like a double bottom in gold stocks
like ABX, NGC, and NEM.



To: Real Man who wrote (992)8/4/1998 6:20:00 PM
From: R Stevens  Read Replies (1) | Respond to of 3339
 
Well this thread is back in the "Hot List". The following charts give some historical perspective on the current market sell off. They show how many stocks are hitting 52 week high or lows on any given day, with the corresponding NYSE index price graphed below. I find the 1992-94 historical chart to be most similar to today's situation. I have also included the 1987 chart for further comparison.

Present:
decisionpoint.com

1992-94
decisionpoint.com

1987
decisionpoint.com