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To: Mark Adams who wrote (108680)6/13/2001 11:54:00 PM
From: LLCF  Read Replies (3) | Respond to of 436258
 
<Only if income falls off a cliff will consumer debt become a serious problem.>

How anyone could make that assumption I wouldn't know... but whatever... as for all those other bearish links, fagetaboutit! Who cares turnover in stocks?? Meaninless! Who cares Volker! Moron!

Just another anecdote... Susquahanna partners one of the largest independent options trading firms on the planet made about a BILLION dollars last year... I'm hearing YTD P&L???? Down about that much. There are at least 2 options specialists on the AMEX that have blown out in the last month and many more around wall street. My contacts at the big banks are saying fagetabout trading profits this year, forget the bonus' how big will the losses be and who will be left employed at the end of the year???? Now, seeing that BANKS are the largest buyers of ALL tech equipment BY FAR on the planet...a large employer of advert firms.. and imagining what % of employed people work in financial services these days [hmmm, good one to check on]... a number that has exploded in the last 5 years... I'd be battening down the hatches and buying pooots instead of fiddling with numbers while Rome is burning! <NFG>

The Pigs are in the tunnel... the sh*&t is about to hit.

DAK's rant