Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

And BTW, when NAZ hit 5000, the economy was booming and techs were posting record gains for at least 2 more quarters. So history could easily repeat itself but in reverse. Just some food for thought...

i disagree.....many of the earnings were padded, especially since stock options were not considered expenses....
much of those last 1000 points in the nas were the final blowoffs in never to see profit internet stocks and much i like some of them: bios that got blasted to levels they could only hope to see with a total cure of cancer. Much of the increases in earnings in semis (asnd thus stock increases) were from the massive overcapacity buildout and buildout in fiber optics, much of it still "dark"