Ugh. Technology and Financials Have Yet to Recapture Their 2000 Bull Market Peaks

According to Sam Stovall, Chief Investment Analyst with Standard & Poor's, talking with Maria Bartiromo on CNBC on 03/21/2011:


Since the Technology Crash of 2000 (03/24/00):

• The technology sector is still down today by -60% from the 03/24/00 highs.
  
  
• The telecom sector is still down today by -60% from the 03/24/00 highs.
  
  
• The financial sector is still down today by -55% from the 03/24/00 highs.
  
  
• The Nasdaq is still down today by -43% from the 03/24/00 highs.
  

In the 34-month bear market following the 03/24/00 tech boom:

• The technology sector melted down -82%.
  
  
• The telecom sector crumbled -73%.

Since the stock market crash starting 10/12/2007:

• The financial sector is still down by -83%.