VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (31765)	2/22/2001 5:11:32 PM
From: Ex-INTCfan	Read Replies (2) of 65232

This feels like the exact opposite of the rally we had at the end of 99. Then everything went up, nomatter what you bought, every day. Now, everything goes down. If this is the opposite of the 99 rally, then there is a way to go yet for things to get as undervalued now as they were overvalued then. There is nothing saying that this has to take place, but it feels that way to me. I can't see how this market can turn around and begin a sustained advance while there are triple-digit PE stocks out there. INTCfan

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