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Strategies & Market Trends : Charts & Scans

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To: Jeff Jordan who wrote (2847)	5/1/2003 7:23:01 AM
From: Jeff Jordan	Read Replies (2) of 5125

More and more people are saying the bear is dead? Some money has obviously come back to stocks in recent weeks however, going forward is more wishful thinking IMO. If the market moves another 10% It may very well be the peak for the year or this will be one of the best years ever? I don't think the economy has or is turning that fast right now. But it seems they sure want us to believe it. We've gone from extreme uncertainty to some feeling of certainty in one quarter? more like 60 days. I'm not certain at all. I see government high spending...but we all know that can't continue much longer this pace? Hope of growing revenue and income doesn't come by taking on debt. CNBC now touting growth stocks? Whats' that pe's over 100? more debt subtracting higher proforma formula doesn't equal increased profits even if that is the false hope. Dressing pigs isn't an art or craft...it's fraud. Expensing options is fraud! sitting tight the remainder of the week.

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