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To: pater tenebrarum who wrote (85248)	2/1/2001 10:44:57 PM
From: Andrew G.	Read Replies (2) \| Respond to of 86076

Heinz: Why doesn't the media give attention to this event ? I would think this is as significant as the interest rate cut. Is it because it's 'after the fact' with respect to the rate cut ? Word is circulating since this afternoon that GE is planning a big layoff biz.yahoo.com Bonds rising, crude rising, dollar falling against yen and euro. Yet look at the DOW ! It still bemuses me to see the DOW rise so nicely in light of all the dire news. Is PG the kind of stock you really want right now ? It tells me that we are still not near that 'capitulation' so often discussed late last year. Maybe we won't get it ? Maybe businesses and consumers can stretch out debt loads another year or so or indefinitely as long as rates drop and cashflow is there. There is just so much speculative froth still left in this stock market. It seems that consumer confidence index may now be a better gauge of future economic metrics than the stock indices.