The Nasdaq was extremely weak today, down 9.14% verses the Dow, which was only down a tad under 7%. It’s almost comical to say out loud that the Dow was only down 7&. Anyhow, if the Dow was down on a percentage basis as much as the tech heavy Nasdaq, it would of suffered a decline around 1045 points. So, was the Dow displaying strength today not falling as much as tech stocks, or was the Nasdaq just disgustingly weak?

On a side note, the TSX, which is a resource based exchange, was down 841 points (6.93%).

One Response to “Nasdaq Weakness”

  1. Kevin Says:

    There is nothing bullish about the dow being down 7%. I think all the major indices were weak today and I agree with you about the NASDAQ being disgustingly weak.

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