Stock market crash in 1970s
EDS was not alone.
Have you ever heard of that crash? No doubt you recall the tech stock crash of and the general crash — but few remember the crash.
Every stock market crash in past 60 years - Business Insider
Other big-name tech stocks fell almost as far: Some lesser-known names fell further. Why the drop in computer stocks inwhen everyone was buying computers?
Its price remained basically flat from towhen Lou Gerstner took over as CEO.
Like most crashes, the tech stock crash came after a time of excess euphoria, which lifted tech stocks into outer space, parallel with the Apollo moon flights of the late s. But the main cause of the crash, like the tech stock crash ofwas low or no earnings.
List of stock market crashes and bear markets - Wikipedia
Computer-makers sold at times earnings. That was the mantra, too.
– stock market crash - Mises Wiki, the global repository of classical-liberal thought
We seem to be early in the stock market crash in 1970s growth cycle. I remain bullish in general on the tech sector, and hedge strategy in forex not think these stocks are overbought yet.
In the near term, you can invest in tech with confidence. As of this writing, Louis Navellier owned shares of Apple AAPL in personal or client portfolios. Tell us what you think here.
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