Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

bucolic_frolic

(47,925 posts)

1. Tech bubble territory, no signs of a top

Reply to Tansy_Gold (Original post)

Wed Feb 14, 2024, 05:44 PM

Feb 2024

Every day that the market drops 350 points we have a follow on day where it recovers all that and then some. This is most like 1999-2001. Expectations drive earnings estimates. But recall 2001 was the era of Worldcom, Lucent, Enron, and many dozens of others with smaller market cap.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

1 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH: Thursday, 15 February 2024 [View all] Tansy_Gold Feb 2024 OP

Tech bubble territory, no signs of a top bucolic_frolic Feb 2024 #1