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To: AllansAlias who wrote (19107)9/18/2000 11:18:10 AM
From: chic_hearne  Respond to of 436258
 
Seeing the Dung go from 5000+++ to 3800 would make you think there must be some great bargins.

Can't find any, the garbage stocks like YHOO, CSCO, SUNW, ORCL, etc all are still trading with P/e's of more than 100.

What would fair value be on the Dung anyway, maybe 1000, should things turn back to reality?



To: AllansAlias who wrote (19107)9/18/2000 11:18:58 AM
From: LLCF  Respond to of 436258
 
<it means the bears are able to force NDX non-trivially out of its wedge.>

Definitely a 'bullWedgie' forming which is a pre-cursor to a 'bearParty'

DAK