Shhhhh. Don't tell anyone :
"Sorry to soil the party, but NASDAQ still has ways to go before it reaches its all time high of over 5000. It isn't even half-way there.
I'm not holding my breath in the meantime."
Nice try there, but this bs is getting very old.
'The Nasdaq index peaked at an intra-day high of 5,132.52 on March 10, 2000, which signaled the beginning of the end of the dot-com stock market bubble. (Wickipedia)'
Only the gloomers and doomers try to compare the Clintoonian Nasdaq made up of the most part by dot comers that never had a product, nor a service nor a profit with today's Nasdaq. Those weren't companies for the most part, they were Arthur Andersen accounting shams posing as Nasdaq companies.
The companies in today's QQQQ have real products, real services and make profits versus the Rat.com companies of the Clintoonian 1990's to 2000.
Doomers and Gloomers working for George $oreA$$ need a new whine. This so called comparison of the 2000 bubble busting Nasdac to today's is very old and is pure BS.
I STRONGLY AGREE with Grampa Dave!!! (and thanks for the ping, Dave)
Now the Media are trying to drive the DOW down with the decline in the rate of growth in the GDP with blaring headlines about how supposedly "bad" this is! What a PANTLOAD!!!
I guess they think it's their "October Surprise," or something... Geeze!!!