Word: nasdaq
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Dates: during 2000-2009
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...this NASDAQ lunacy continue into next year? That's the question everyone on Wall Street keeps asking. And I have an answer that seems as hyperbolic as the stocks have been parabolic: you bet it can. In fact, it could accelerate in January, dwarfing some of the gigantic moves we have already seen. Here...
...trying to imitate the old-line Standard & Poor's 500 index than mimic the hot stocks that individuals have chased successfully. Now they have to scramble to own these red-hot stocks and dump the laggards if they are to keep up with the new benchmark to beat: the NASDAQ 100, which is much more overweighted with dotcom names...
...dotcoms and their Net-infrastructure brethren have proved immune to higher rates. How else can you explain the NASDAQ's 80% increase, the greatest uplift in any U.S. average's history, in light of the major interest-rate rises of 1999? Put simply, any Fed moves to tighten may set off a further stampede into the hottest stocks around...