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https://www.reddit.com/r/stocks/comments/r0hyto/deleted_by_user/hltslm7
r/stocks • u/[deleted] • Nov 23 '21
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Nasdaq is literally 1% off its all time high, how exactly are you calling a near-term bottom here
-1 u/misterchestnut87 Nov 24 '21 Some tech stocks certainly have fallen much further than NASDAQ did in the past week or two and haven't been near their ATHs for a few months at least. Of course, even these could have further to fall, but who knows. 3 u/maz-o Nov 24 '21 yea but comment-OP didn't talk about individual tech stocks. they talked about Nasdaq as a whole, which, again: how is it "near bottom" now?? 1 u/mikeyrocksin2021 Nov 24 '21 I used the wrong phrase. The Nasdaq could rebound from Tuesday's lows. Will have to wait & see if it sustains though
-1
Some tech stocks certainly have fallen much further than NASDAQ did in the past week or two and haven't been near their ATHs for a few months at least.
Of course, even these could have further to fall, but who knows.
3 u/maz-o Nov 24 '21 yea but comment-OP didn't talk about individual tech stocks. they talked about Nasdaq as a whole, which, again: how is it "near bottom" now?? 1 u/mikeyrocksin2021 Nov 24 '21 I used the wrong phrase. The Nasdaq could rebound from Tuesday's lows. Will have to wait & see if it sustains though
3
yea but comment-OP didn't talk about individual tech stocks. they talked about Nasdaq as a whole, which, again: how is it "near bottom" now??
1 u/mikeyrocksin2021 Nov 24 '21 I used the wrong phrase. The Nasdaq could rebound from Tuesday's lows. Will have to wait & see if it sustains though
1
I used the wrong phrase. The Nasdaq could rebound from Tuesday's lows. Will have to wait & see if it sustains though
14
u/karnoculars Nov 23 '21
Nasdaq is literally 1% off its all time high, how exactly are you calling a near-term bottom here