It’s September for Pete’s sake! And, the pundits are feasting on seasonality and the fact the that bad things have happened in past Septembers and Octobers. Just because the market has had a few bad experiences in these months (like September of 1929 and October of 1987), the “nattering nabobs of negativism” are out to…
Tag: tech bubble
Session 99–Nasdaq Meltdown: Shades of Y2K
It’s Friday April 4, 2014. I am getting ready to run out the door to a meeting and I hear someone compare the the Nasdaq mini-meltdown of recent days (down 2.6% on Friday) to the beginning of the “tech bubble” bursting in March of 2000. Unfortunately, I was not recording at the time and there…