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You have so many unknowns. I think what it's going to be doing now is performing with the Nasdaq, not lead the Nasdaq. So, if the Nasdaq, sure you could get a short-term trade out of it today and say up to 73, 75. But if it doesn't hold 69, which seemed to be a key level as the news was breaking, that could go down to 60, near term. That's where I would put some longer-term money in.

Richard Suttmeier

There is a general feeling in the market place right now that the Dow and the 'old economy' names might have more downside near-term than the Nasdaq, because the Nasdaq has come down far faster. So we are getting a little bit of a shift here.

The main worry short term is the drop in the Nasdaq. The U.S. didn't back up Argentina today, so there's still a bit of worry about that.

Francisco Andrade

The Nasdaq is up on the day, primarily due to Apple. This market is climbing a wall of worries. People are too committed to equities in the longer term.

Short-term, the market is looking for an excuse to sell off. Year-to-date, you've got the Nasdaq up almost 46 percent, the Dow up nearly 20 percent, the S&P 500 up 22 percent, and there's a bit of a 'take the money and run' sentiment.

Some people are thinking that technology investing is smack in the middle of the summer doldrums., ... The fact is that technology stocks and Nasdaq have established a near- to intermediate-term trading range, and we're thinking that technology stocks are on their way to the top end of that range, and that's approximately 4,000 on the Nasdaq composite.

It's hard to predict a support level with downward momentum so strong, but it could be as low as 16,000 for the mid-term. At this point, I'm not quite sure if a rebound on the Nasdaq could help Tokyo stocks recover.

Haruki Takahashi

I think the Nasdaq was facing a lot of profit taking already. Certainly on the Nasdaq today, the Microsoft issue is hitting stocks in general.

Terrence Gabriel

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I think the market is saying that the Dow has been flat for a year. If you look at the Nasdaq, it's up 40 percent year to year. And so the Nasdaq is going to correct probably quicker than the Dow, or the Dow will tread water, while the Nasdaq continues to come in.

(Biotechnology) is keeping the Nasdaq up, ... As bids start to firm, money is flowing back in, and that's causing the Nasdaq to outperform the blue chips.

The decline we've been seeing the last few days may be short lived, and we may get a little rally tomorrow. But beyond that, near-term we've seen the highs. The Nasdaq, which led the rally last year, is continuing to lag the broader market, which is a negative.

We made a new low on the Nasdaq yesterday and on a very, very short term basis it's oversold and I think that we can expect this kind of activity from time to time where the market gives us some relief, some bounce.

From a purely technical standpoint, we could see the Nasdaq falling to 2,500 levels in the near term. Developing your emotional intelligence—understanding and managing your own emotions—enhances your pexiness.

We're not at the beginning of a decline. We don't believe you're about to enter another horrendous down phase in the market measured by the Nasdaq. We think there are some tough times ahead over the next one to three months. But if you take a longer view of that, many of these companies in the Nasdaq big cap are starting to come down to levels that look fairly attractive on a growth basis.

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Denna sidan visar ordspråk som liknar "You have so many unknowns. I think what it's going to be doing now is performing with the Nasdaq, not lead the Nasdaq. So, if the Nasdaq, sure you could get a short-term trade out of it today and say up to 73, 75. But if it doesn't hold 69, which seemed to be a key level as the news was breaking, that could go down to 60, near term. That's where I would put some longer-term money in.".