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Pastimes : Nasdaq Bottom?
QQQ 629.07+0.5%Oct 31 5:00 PM EST
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To: BenThair who wrote (1)12/22/2000 6:32:37 PM
From: sea_biscuit  Read Replies (2) of 73
 
I think the final bottom will be in the vicinity of 1000. That could occur as late as 2002. However, one can't rule out violent upsurges along the way. For instance, I wouldn't rule out a 1000-point (i.e. 40%) rise from here.

But over the longer term, we are probably headed towards 1000. And from thereon, it will be a tortuous climb of about 12%-15% year-over-year, meaning it will probably take 12 to 14 years to make all-time new highs.
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