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chainik

01/26/03 2:34 PM

#68539 RE: conelda #68535

<Also wondering, if this is correct, how anybody can draw any valid conclusions at all about the general market from looking at movements of the DOW>

Conelda, you know the answer: DOW is the easiest to manipulate and the least representative of the indexes

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Zeev Hed

01/26/03 5:41 PM

#68573 RE: conelda #68535

You are absolutely right, ans since MMM is in danger of breaking the support at $108 on a major decline (bringing it to the $85 or so), you can see why I fear the Dow could easily go to 6000 in a major decline here.

Zeev