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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Yorikke who wrote (5486)2/1/2002 1:14:29 AM
From: Raymond Duray  Read Replies (1) of 33421
 
Bravo, Yorrike,

Plain spoken and sensible. I only hope that Congress can come up with the will to overrule the lobbyists who've held those who need truthful auditing hostage to a deeply conflicted profession. Because we're sure not going to get any help from Harvey Pitt at the SEC, who is being completely arrogant about self-regulation. He's got a total tin ear to the needs of today.

If it could be organized, a buyer's strike in the equity market would probably get new regulation passed in a New York Minute. As soon as Americans give up on stocks, we'll see the system repair itself.

-Ray
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