Market returns since Dec 31 1999

Wow. I saw this on "The Big Picture" Blog. It provides interesting perspective on the stock bubble we were in back in 1999-2000.

Since Dec 31 1999 the S&P500 index is up a whopping 0.15%. More stunningly, the Nasdaq 100 is still down over 50%. On the other hand small and mid-Caps have performed well though.

I've recently been reading commentary suggesting moving money back into the large cap stocks and am investigating relative valuations now. Based on the above the last 7 years have been terrible for the S&P500 stocks in aggregate. I have most of my 401k in a Russell 2000 index and and International index, so perhaps redistribution is in order.