After investing through the 2000 investment bubble, its interesting to see an analyst on CNBC talk about the Nasdaq surging through 3,000 (closed at 2,933 on Wednesday) all the way to 4,000. After the crash from over 5,000 to the 1,000s it seemed like reaching back to those lofty levels might not even happen in my lifetime. Ok, I'm not really that old so I knew it would happen at some point.
Now 4,000 wouldn't really approach the peak back in 2000, but it should be close enough to really spark the small investor back into the market. Of course, most of the gain could just be achieved via a large increase by mega stock Apple (AAPL) to $650 or $700. Too lazy to do the math, but Apple makes up a large percentage of the NAZ.
Below is the video on CNBC:
Disclosure: Long AAPL. Please review the disclaimer page for more details.