Will Technology Stocks Return to 1999 - 2000 Bubble Highs?

Will technology stocks ever reach the highs that they made in the 1999 - 2000 price bubble? Probably not. For many stocks the bubble represented a super cycle that will never be repeated. For example, Corning (GLW) climbed to $112 before it collapsed and fell to $1 per share.

What would the price chart have looked like had the bubble not occurred? One hypothetical price pattern shows a cyclical pattern with three cycles. The first two cycles peaked in the low $20s. The third cycle is in progress and may be peaking in the low $20 range.

Investors should not wait for stocks like Corning to return to their bubble highs because the chance is very remote.

Related Articles:

Price Patterns - A Bubble Top Is an Extreme Pattern
Price Patterns - Bump and Run Reversal Top Defines Price Bubble
Price Patterns - A Double Top Signals a Downside
Price Patterns - Head and Shoulders Top Has Three Tops
Price Patterns - Triple Top Signals End of Upside Move
Price Upsides Often Occur in Three Stages

Updated February 25, 2008.