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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: MIKFREE who wrote (23638)	4/5/1999 11:26:00 AM
From: MIKFREE	Respond to of 90042

I had an idea, wondered if anyone had any thoughts. Every time the dow gets to 10k it falls again. I am wondering if this may be a good short term sell signal, at least for the next few weeks? There isn't a dow tracking stock like on the nasdaq, is there? Of course, the nasdaq tends to follow the dow, so, if you buy the nasdaq stock while dow is down and sell when it nears 10k, like today. . .Well I'm just thinking out loud with this. Any comments? I know pretty soon 10k will no longer be such a big deal, but may be good short term idea. Dunno. Mike