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July 12, 2006


Nasdaq 100 Index: Then and Now

The Q’s have been treading water for a long time, but this year they’ve started to underperform badly. Anyone holding them now is hurting.

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It isn’t like the old days where all you needed was a healthy slug of Q’s to outperform. The tricky bit then was hopping off the tiger in time … those watching relative performance scrammed in Q4 2000 at the latest. Then there were those of us who had fallen in love and ignored the charts, a crazy and costly affair. [sigh]

NDX

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