NASDAQ closes down over 200; DOW -135; S&P -25 : LUSENET : TB2K spinoff uncensored : One Thread


-- DOWN DOW (@ .), March 14, 2000


Damn! Where's the remote??????

-- (, March 14, 2000.

Sounds like the trend is moving in the direction of sanity.

-- Flint (, March 14, 2000.

It does seem as if the NASDAQ is getting a slight beating. Apparently President Clinton's speech today essentially "nationalizing" the results of gene research sent the biotechs into a spin and took the rest of the market with them. I'll be interested to see if this is the beginning of a correction for the NASDAQ similar to what the Dow has been going through for the past two months.

-- Jim Cooke (, March 15, 2000.

Here's the DJIA vs. NASDAQ year-to-date (from BigCharts):

Kinda looks like a gator's jaws, don't it? That's the "Old Economy vs. New Economy" divergence that everyone's been yakking about lately. Methinks that the "jaws" will now begin to close over the next few weeks. Many folks will not be happy when they do.

-- DeeEmBee (, March 15, 2000.

Let's try that again:

-- DeeEmBee (, March 15, 2000.

seems there is ALWAYS SOME LAME EXCUSE for the market dropping.

i can understand the biotechs dropping with clinton's big bid to thrill his global buddies by giving away US research (he gives everything away--i just wonder in which global government position he will land). HOWEVER, please explain to me how the technology stocks were dragged down too?

-- tt (, March 15, 2000.

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