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To: JRI who wrote (92584)	4/10/2001 10:25:46 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Don't know about the 10 months, but yes, the market will turn before the fundamentals. Overlay SPX and NAPM as one of the examples. Are you asking specifically about "10 months"?

To: JRI who wrote (92584)	4/10/2001 10:39:02 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Since 1960, stocks have started heading highly roughly 10 months before an upturn on corporate profits", says Christine Calles, Merrill Lynch.>> That's the kind of bull$hit passing as "analysis" that the street's leading equity analysts (errr, excluding you, Meehan) have been spewing the last 6 months. Relying on that kind of "metric" is a very, very dangerous game. Makes me feel very comfortable staying at least a little short.<NG>