As of Wednesday, April 26, after some fitful rallies, it was still about 27 percent below that peak. The market does have a way of balancing things out. So much for the broad-brush picture. What may surprise the casual market-watcher is how selective this rout has been. If you were in the right stock at the right time, even in techs, you could have made money.
Some stories buck the trend.
It s almost always like that. Not only did it not fall in the tech debacle, it soared. Then supposing you had a feeling about AMD and put your money there. After that, they collapsed and took the Nasdaq down with them. At this writing, all three were more than 60 percent off their highs.