Archive for March 3rd, 2010
Daily Archive
Wednesday, March 3rd, 2010
March 6, 2000 – The Lost Decade Anniversary of the Nasdaq Bubble
I’m taking a trip down nostalgia lane….Do you remember March 6, 2000? That was the day the Nasdaq peaked (a.k.a The Dot Com Bubble) at 5,048 and the sky was the limit. Many investors, speculators and the public heralded as “the new economy” where exponentially growing and astronomical P/E ratios were perfectly justified and rationalized [...]