Do You Think the NASDAQ Will Be Fully Recovered By the End of the Year?

agactual: Do You Think the NASDAQ Will Be Fully Recovered By the End of the Year?
Lets say that fully recovered means getting back to pre-crash levels, which is about 2400 points. In the last month and a half it has regained about 400 points of the 1100 lost during the crash,which is about 35%. Do you think that the NASDAQ could get back to pre-fall 2008 levels by the end of 2009?

Answers and Views:

Answer by ♠ Jenn ♠
No, I personally think it is going to take a couple more years to fully recover.

Answer by Net Advisor
Absolutely not.

I’ll take the other side of that trade for years, maybe a decade or longer.

I take it that you are new to the markets and investing?

Please let me provide a free and quick education:

The math and analysis in the question is not exactly accurate.

The reality is that NASDAQ peaked on 03-10-2000 at 5,132.52, and has never seen that number 9 years and counting. That is the “pre-crash” level, not 2400 my friend.
https://en.wikipedia.org/wiki/Dot-com_bubble

I called that market top by the 3rd week of March 2000 when I was working at a top Wall Street firm back then, (that is another story).

Next, NASDAQ has not crashed in the last year and a half; it simply has not recovered from the original “sliding crash” of 2000.

NASDAQ is down about 34.72% since June 5, 2008, its last “peak” if you will. And if my math is correct, it looks as if NASDAQ has to climb about 66.67% to reach the level where it was in June 2008.

Not happening anytime soon.

To get back to true “pre-crash levels” I roughly calculate that NASDAQ has to climb some 2,100% to break even at the March 10, 2000 level.

Current NASDAQ 1656 – 5132 Top = 3476. NASDAQ still down 67% on the index after 9 years.

Now calculate the time to reach 2000 pre-crash levels:
Take the number if points the NASDAQ index is down from its high (3476 points), and divide by the current level (1656) and I get 2.099 or 2,100% (rounded up) – the percent move NASDAQ needs to reach its pre-crash 2000 levels.

Not happening anytime soon. And may not happen in our lifetime.

FYI:
QQQQ chart

Answer by muncie birder
Not by a long shot. Maybe by the end of 2012.

Answer by matthewspeed
The NASDAQ will have the opportunity to recover its pre-crash (2000, not 2008) levels sometime after the housing market recovers all of its lost values; in other words, not for a long, long time. The NASDAQ is Tech heavy and tech stocks in 2000 were being driven up by irrationality rivaling the Tulip bubble in Holland. Any company with “e-” or Internet in its name was being bid through the ceiling, often without even income, much less profit. I use the NASDAQ index to gauge the day-to-day relative performance of the tech sector but put little stock in it beyond that.