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Think This is a Bear Market? This is Nothing!

Mark, NASDAQ stocks has extremely high PE (many in their 50s). Most stocks are not even earning any money. However, the S&P500 and DJ are composed of company with solid earnings and average PE of 15. Consumers may slow their purchases due to tight budgets. Companies in S&P500 and DJ still not crash like the NASDAQ. Stocks may drop but not to the same degree. Relax and be patience