The NASDAQ: Back To The Future?

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It has almost been 15 years since the NASDAQ Composite hit its last record high.
At the apex of the internet bubble, the tech-heavy gauge topped out at 5,048, with Microsoft Corporation MSFT, Intel Corporation INTC, Cisco Systems, Inc. CSCO, Sun Micro and Oracle Corporation ORCL leading the way.
That bubble burst on March 10, 2000 and the average plummeted over 70 percent in subsequent years, as tech and telecom went into a depression.

Related Link: ITG Chief Economist: We're Still Guzzling…Just Not Gas!

Fifteen years later, the NASDAQ is riding fewer horses as large as the big cap names of a bygone era, but still boasts being home to the company with the biggest market value of all-time...Apple Inc. AAPL.
If the NASDAQ can gain as much as it did on Thursday by Friday's close, that all-time high would be history in about four short sessions.

Image credit: Andrea Puglonni, Flickr

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