Ask DrBob Message Board - Msg: 14470589

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who wrote (6764)	9/28/2000 4:22:36 AM
From: onefatslob	of 100058

Well, I think that the similarities between the NIkkei and the current Nasdaq market is eerie. The double tops forming are making me a bit worried... I'm going more on my gut than my TA... but my gut is, I admit, being influenced by fear. I still don't like the PE ratios of some of our big cap Nasdaq stocks, like YHOO and EBAY, amongst others... it just seems like we have a lot of risk on the downside. However, I totally think that MSFT and INTC are undervalued. I'd rather buy them and hold for the next two years versus buying something like KREM. Good luck to all of us.

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