Information Technology · resolves 02.10.09 · closed

In 1999, was the dot-com stock market a bubble about to burst?

Would the Nasdaq-led tech boom of 1999-2000 end in a crash?

Outcome: Yes, a bubble · resolved 02.10.09 · Nasdaq Composite closes (peak 5,048.62 on 2000-03-10; 1,114.11 on 2002-10-09), Nasdaq Inc. · a stance dated before that is a call, marked right or wrong below

Where the experts stand

Yes, a bubble

1 on record 50%

No, a new era

1 on record 50%

Where the public stands

Yes, a bubble

0 answers —

No, a new era

0 answers —

0 public answers · one per account Closed to new answers.

Yes, a bubble — 1 on record Right

Warren BuffettBEATS —

Investors in stocks these days are expecting far too much, and I'm going to explain why.

said 99.11.22 on Fortune · source

No, a new era — 1 on record Wrong

Jim CramerBEATS 6

These are the only ones worth owning right now in this extremely difficult, extremely narrow stock market. They are the only ones that are going higher consistently in good days and bad.

said 00.02.29 on Speech, 'The Winners of the New World' · source

How it resolves · 02.10.09 · Resolves Yes if the Nasdaq Composite falls more than 50% from its 2000 peak within three years. · by Nasdaq Composite closes (peak 5,048.62 on 2000-03-10; 1,114.11 on 2002-10-09), Nasdaq Inc. Dispute a quote