There's at least two questions that this can make you ask:
1) Is the NASDAQ rising "too quickly" ...? 2) Was the flat summer unjustified?
You'll note that the 200/50 day spread narrowed considerably during that time ... sheesh, statistics.
> Commenting on the chart that went with this, Paine Webber's
> director of NYSE floor operations, Art Cashin, said his colleagues
> are as nervous as a guy who drives a dynamite truck. I'm sure
> Jordan has comforting stats of the risks of driving a dynamite
> truck.
Hey, did I say that there weren't risks out there?
Besides: he's nervous, but he's not pulling the truck to the shoulder ...
/jordan