Bear market?

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Sun Oct 15 14:35:59 PDT 2000



| From rws at comedu.canberra.edu.au Sun Oct 15 13:03:57 2000
|
| Er, what am I missing?
|
| Ain't the NASDAQ 50 whole per cent down on year-highs?
|
| Ain't the NYSE 25% down?

Look at the 2-year chart!

http://quote.yahoo.com/q?s=^DJI&d=2y

All you say is true and more, but since this time two years ago, we're up 25% which isn't shabby at all. It's funny how the critics are stuck in this pattern worse than the market participants: looking at the last 9 months could tell tales of doom and gloom, but what: were you looking for a sure thing?

For even better perspective, look at the 5 year one.

http://quote.yahoo.com/q?s=^DJI&d=5y

/jordan



More information about the lbo-talk mailing list