Eoin Treacy's view The Nasdaq is home to a plethora of companies oriented towards global growth, that dominate their respective niches and have strong cash flows. The Index has pulled back sharply over the last four weeks but has steadied above the October low and a sustained move below 2130 would be required to check current scope for a further bounce. I opened a long in the December contract this morning paying 2201.4 including spread-bet dealing costs.