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<p>[QUOTE=&quot;-jeffB, post: 2896972, member: 27832&quot;]Sorry, that&#039;s the NASDAQ, and the Y-axis is nominal points, not inflation-corrected. Correcting for inflation, we <i>still</i> haven&#039;t recovered to the 1999 high. Click on the chart to go to my source.</p><p><br /></p><p>A large chunk of that 1999 peak was unsustainable Internet-frenzy dot-coms. Most tech companies took a hit during the crash, but the good ones recovered and then some. The trick, of course, is that you can&#039;t <i>really</i> tell which ones are &quot;good ones&quot; except in hindsight. I won&#039;t point any fingers at particular company valuations today.[/QUOTE]</p><p><br /></p>

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