The Dow Jones industrial average closed 251 points today to its lowest close since May 7, 1997. The Standard & Poor’s 500 index also logged its lowest finish since April 11, 1997.
Does this mean we can hand reg LLL.com’s again? Nope, but back in 1997 many were available for hand reg fees.
The domain industry is down, but it’s no 1997 that’s for sure! The first domain name was registered in 1985 and happened to be Symbolics.com and still appears to have a 1985 website design 
but the domain industry can still be considered a virgin. It’s only 24 years old (if that) where the dow as been around since 1896.
I think domain names are still a Great Investment if you have the $$ and buy smart. I have been saving up and not buying all that much unless I see one I really like, but I also have not been selling that much either. Riding the waves is not very easy I must say!
Same here Jamie – I’m also saving those pennies – waiting for the right name to come on my radar. To be honest the market needed a decisive move in one direction and this confirms the Bear is still in control of the markets. I think this is a sign the big money on the sidelines wanted to see – sure the market will probably drop further from here – but at least it’s doing something. I expect monet yo return to the market end of summer or last quarter.
February 24th, 2009