Nasdaq at 5000?
With the current rally in the markets along with the exponential market cap gains in the technology sector how do you guys view the possibility of a Nasdaq of 5000? If Facebook gets added to the Nasdaq along with the insane growth of apple and the future exponential growth that is projected for amazon as ecommerce is projected to 25% of total commerce. Y the end of the decade. Do you guys think Nasdaq at 5000 is possible in his decade.
if we keep printing money, itll be nasdaq 50,000
NASDAQ = AAPL
This. Also Apple is bound to have a serious pullback. People learn nothing from bubbles and think it will go to a million/share. Also, Facebook is going to be EXTREMELY overpriced once people can trade it. They hardly make any money for what they valued it at and people will eventually switch to a new social networking site.
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