Ma r k et Ind ex es. In 1990, the Dow Jones Industrial Average was at a level of about 2,600. In

Ma r k et Ind ex es. In 1990, the Dow Jones Industrial Average was at a level of about 2,600.

In early 2000, it was about 10,000. Would you expect the Dow in 2000 to be more or less likely to move up or down by more than 40 points in a day than in 1990? Does this mean the market was riskier in 2000 than it was in 1990?