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To: tsigprofit who wrote (8161)	3/12/2001 10:58:34 AM
From: Bucky Katt	Respond to of 13094

It is a developing worldwide event, due to the huge expansion of questionable/easy money loans done over the past decade. Did anyone forget the PGE problems of the past few months? Argentina? Russia? Turkey? And throwing more money at the problem isn't the best answer either, just take a look at the Japanese N225 over the past 11 years, and they have virtually a zero rate of interest, although the real cost is very high, but that is another story.... Denial is still rampant, and Da-NILE ain't just a river anymore ;-) Still short, still riding the tide... That 1100 SPX number I have talked about for the past 6 months as the FED target level is coming into focus now, no magnification needed. Most tyro "investors" ignored the warning signs, now the reaper is taking his due. New NDX numbers, just a quick run, need more work> 1710 1652 1548 1372 1266 1176...subject to more work...(and we already took out 1710, like a hot knife thru butter)