NASDAQ STOCKMARKET----just incredible facts - GoFuckYourself.com

howard · 05-05-2007, 08:13 AM

The tech-heavy Nasdaq composite (up 6.69 to 2,572.15 ) ended up about 0.4 percent, at a six-year high yesterday.

In MARCH of 2000 the nasdaq composite hit its high at around 5200.

amazing to me it hit a 6 year high YESTERDAY and still isnt worth half of its 2000 value

in august 1998 nasdaq was 1800--- so it went from 1800 to 5200 in 2.5 years

POINT IS and i might be a dumb fuck but it seems having tech heavy mutuals and stocks over the next several years is where all your cash should be...and also just my opinion but the closer the world gets to ousting BUSH the more people will put there cash back into the us

David - PG · 05-05-2007, 12:29 PM

If you want to play tech, then I would focus on big cap tech (MSFT, CSCO, AAPL etc.), always a great deal safer. Once this bull market is over people will head for the exits and then it's good to have some quality in your portfolio that can weather the storm.

We haven't had a 10% correction in what like 3 years now? This market is just going straight up with the occasional 2% hiccup it's nuts.

ModelPerfect · 05-05-2007, 01:21 PM

I remember the Nasdaq crossing 6K back in 2000 during intraday trading, but it didn't close that high. The 5200, if accurate, probably reflects the end of the day high.

If we went from 6000 during an insane tech bull run to achieving a high figure during the next 6-7 years of less than half that, I'm not sure that's an indication of the stocks being undervalued. It sounds more like a correction to me. Technology stocks will definitely play a major role in the future, but I agree that you should stick with the big boys unless you really know a company's direction.

Enema · 05-05-2007, 07:22 PM

I'm holding onto some biotechs myself.

Almost time to jump out of the mining sector, which is v.large here in Aus.

BV · 05-05-2007, 07:34 PM

I'm holding my knads.

DaddyHalbucks · 05-05-2007, 07:48 PM

Goes to show how wildly overvalued it was in 2000.

05-05-2007, 08:13 AM	#1
howard Confirmed User Join Date: Feb 2002 Location: phila Posts: 1,827	NASDAQ STOCKMARKET----just incredible facts The tech-heavy Nasdaq composite (up 6.69 to 2,572.15 ) ended up about 0.4 percent, at a six-year high yesterday. In MARCH of 2000 the nasdaq composite hit its high at around 5200. amazing to me it hit a 6 year high YESTERDAY and still isnt worth half of its 2000 value in august 1998 nasdaq was 1800--- so it went from 1800 to 5200 in 2.5 years POINT IS and i might be a dumb fuck but it seems having tech heavy mutuals and stocks over the next several years is where all your cash should be...and also just my opinion but the closer the world gets to ousting BUSH the more people will put there cash back into the us __________________ perkissmedia.com [email protected] 318621803 perkymon993 Skype

05-05-2007, 12:29 PM	#2
David - PG Confirmed User Join Date: Mar 2004 Posts: 767	If you want to play tech, then I would focus on big cap tech (MSFT, CSCO, AAPL etc.), always a great deal safer. Once this bull market is over people will head for the exits and then it's good to have some quality in your portfolio that can weather the storm. We haven't had a 10% correction in what like 3 years now? This market is just going straight up with the occasional 2% hiccup it's nuts. __________________ perfectgonzo.com

05-05-2007, 01:21 PM	#3
ModelPerfect Confirmed User Join Date: Nov 2003 Location: USA Posts: 2,862	I remember the Nasdaq crossing 6K back in 2000 during intraday trading, but it didn't close that high. The 5200, if accurate, probably reflects the end of the day high. If we went from 6000 during an insane tech bull run to achieving a high figure during the next 6-7 years of less than half that, I'm not sure that's an indication of the stocks being undervalued. It sounds more like a correction to me. Technology stocks will definitely play a major role in the future, but I agree that you should stick with the big boys unless you really know a company's direction. __________________ Logan modelperfect [at] gmail.com http://www.modelperfect.com (Proudly hosted at www.webair.com )

05-05-2007, 07:22 PM	#4
Enema Confirmed User Join Date: May 2004 Location: Australia Posts: 599	I'm holding onto some biotechs myself. Almost time to jump out of the mining sector, which is v.large here in Aus. __________________

05-05-2007, 07:48 PM	#6
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Goes to show how wildly overvalued it was in 2000. __________________ Boner Money

05-05-2007, 07:34 PM	#5
BV wtf Industry Role: Join Date: Sep 2001 Location: Bikini State, FL USA Posts: 10,914	I'm holding my knads.