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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (1623)12/14/1998 8:58:00 PM
From: Investor2  Respond to of 99985
 
Re: "Thus it follows that the NAZ would eventually follow the Dow down, doesn't it?"

The DJIA is down 7.3% from its high, while the NASDAQ is down 4.5% from its high. Actually, neither one is too bad off at this point, since the market often drops 7% for no particular reason.

Best wishes,

I2