Jan 14th 2000 dow closes at 11,722.98 10 TRADING DAYS LATER THE DOW TOUCHES AN INTRADAY LOW AT 10,610.43. 9.4% DECLINE IN 10 TRADING DAYS!!!!!!!!!!! 17 DAYS AFTER THE INTRADAY LOW AT 10,610.43 THE DOW DROPS BELOW 10,000.... 31-Jan-00 10,735.77 11,059.67 10,610.43 10,940.53 993,800,000 10,940.53 28-Jan-00 11,024.92 11,115.20 10,649.21 10,738.87 1,095,800,064 10,738.87 27-Jan-00 11,035.55 11,274.36 10,818.30 11,028.02 1,129,500,032 11,028.02 26-Jan-00 11,025.85 11,280.87 10,870.73 11,032.99 1,117,299,968 11,032.99 25-Jan-00 11,010.96 11,228.75 10,779.83 11,029.89 1,073,699,968 11,029.89 24-Jan-00 11,251.94 11,501.15 10,849.01 11,008.17 1,115,800,064 11,008.17 21-Jan-00 11,356.26 11,513.87 11,113.65 11,251.71 1,209,799,936 11,251.71 20-Jan-00 11,490.29 11,654.72 11,194.32 11,351.30 1,100,700,032 11,351.30 19-Jan-00 11,535.24 11,710.57 11,320.28 11,489.36 1,087,800,064 11,489.36 18-Jan-00 11,719.19 11,834.67 11,397.22 11,560.72 1,056,700,032 11,560.72 14-Jan-00 11,619.35 11,908.50 11,506.42 11,722.98 1,085,900,032 11,722.98
The hype behind this rally makes me laugh....I dont see it lasting, yea we may get to 12,000 but when talking heads start calling for 13,000,15,000 and even 36,000 you have to laugh. Stocks tend to fall faster than rise. We could easily be sitting at 11k by end of October if more signs of a slowing economy show up. Soft landing I think not. I think the we head into a recession by end of 2007. Housing drop will hurt this economy.
don't be a sore short. bad news right now is having little effect on the markets and good news is moving us up. guess what kind of market we are in?
These discussions are pointless. It's going up, be long; until it turns around... Are you here for the conspiracy theories, or to make money?
if iffffffff oil goes back to 70++ say goodbye to this rally. dow up how many days in a row now without any signs of profit taking. When profit taking does take place it will happen quick, could see an easy 5% pullback