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Ep. 213 Matt Caruso: Knowing Your Tools For Success

Investing With IBD

CHAPTER

The Dot Com Crash

The NASDAQ was down 79% from its peak in the March of 2000 to its bottom in October of 2002 but S&P 500, you know, wasn't down nearly as much during that time. The Dow Jones industrial average hardly showed much much of a downturn at all during that time so it's just again, I couldn't be more shocked at that, that look. So maybe we can shift over to a market Smith tool that we sometimes will take a look at. It shows this 10 day moving average line of the highs versus the lows and again this is going to be specific to the New York, I mean the NASDAQ Exchange.

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