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utorak, 11.01.2011.

NASDAQ 800?

In November of 2000 when the NASDAQ was trading at 3000 I wrote in this column that the NASDAQ Index would fall to 1500 and I got lots of heat for saying it. Microsoft had fallen from $129 to $60 per share. You know where they are today.The talking heads on CNBC-TV and many of the radio stock experts are convinced we are headed back up as soon as this small “correction” is over – and they could be right, but I seem to remember their former predictions just before the major stock indexes went ove.

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