Word: nasdaq
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Five years to get even? My sense is that many, if not most, individuals harbor hope that tech stocks, which dominate the NASDAQ, will spring back to life much sooner than that. With the NASDAQ down nearly 50%, it's logical to presume it has no place to go but up. Logical, but not necessarily correct. We're unwinding a bubble, and it's going to take time. Even when the decline finally ends, there will be no fast recovery...
...weekly paddle-tennis game has taken an interesting turn. I play with a trader and two money managers, and lately, points lost on the NASDAQ have been discussed more hotly than those lost on the court through blurred vision and spot rule revisions. To sharpen our focus and have a bit of fun, at our last outing we each made a stab at how long it will take the NASDAQ to get back to its March 10 record close of 5,049. The surprising results spurred me to widen the sample last week with calls to 10 other Wall Street...
Like a lot of folks, I hadn't been giving a NASDAQ recovery much thought. But I am now, and here...
...Worst of 2000: StanLee.net Stan Lee, longtime editor and figurehead of Marvel Comics, has gone digital, and come up with exactly the same boring, hackneyed stories and characters he's been overseeing for the last 30 years. In case you miss the point, the NASDAQ abbreviation (SLEE) is on the homepage. Visit scottmccloud.com for a real vision of the potential of digital comics...
...Even the markets are acting liberated. With some encouraging words from Alan Greenspan at their backs, the Dow surged 300 points and NASDAQ 200 by noon, as if the twin prospects of a president and lower interest rates had made all seem right with the world...