All three major market indexes are under water for the year.
Since the beginning of the year, the key market index has dropped 14.9 percent in dollar terms.
The market index fell to 1,798, its lowest level in 17 months.
"And property makes up a significant component of the market index."
Despite the drop, through the first nine months, the seven major market indexes were up by 12.5 percent.
In Thailand, the market index dropped 5.8 percent for the week.
In Europe, the main market indexes fell about 1 percent.
All three of the major market indexes advanced for the day.
Still, for the week, the three main market indexes were down slightly.
Japan's market indexes have lost more than 20 percent in the last month.
Nevertheless, leading market indicators were down across the board yesterday.
Two market indicators yesterday set new lows for the year.
The theory required at least one of the three major market indicators to finish 1987 higher than 1986.
The general market indicator showed a gain of 4.24 percent at the closing bell.
Major market indicators other than the Dow also showed small losses.
So, although cash levels remain important to managers, they have become less useful as market indicators.
But there is a major flaw in short interest as a market indicator.
By the closing bell, all three major market indicators were lower.
But until yesterday, the Dow was the only major market indicator not to set a record this year.
All three of the major market indicators finished on the down side.
Słownik ekonomii