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Politics : High Tolerance Plasticity
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To: Tommaso who wrote (1770)3/16/2001 2:38:56 PM
From: ItsAllCyclical  Read Replies (3) of 23153
 
Tommasso - Interesting charts, but deceptive time frames. I know QQQ doesn't go back very far, but if it did you'd see a pretty big move all the way from 1995 (really 1990).

The chart you showed looks like it's now below where we started, but the mania imho started well before 1999.

As such if you used a longer duration and overlayed the charts you'd probably see that the Nasdaq has another 50% downside potential from here (which seems realistic in a global slowdown scenario).
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