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To: craig crawford who wrote (7799)	7/8/2001 12:55:58 AM
From: Mark Fowler	Read Replies (1) \| Respond to of 57684

i suppose you make a point there, but you have to remember that in the aftermath of a bubble nothing ever comes back quickly. it takes years and years, oftentimes decades. so even if the market has ignored the rate cuts in the near-term, that doesn't mean if/when it does finally start responding to the cuts it will respond in a fashion like 1995! stocks may register nominal gains in the next few years, but after adjusting for inflation they will be very low or likely negative. then what?<< it may take until your dead too.. i guess you could forget retirement in five yrs? Btw, i still think this a recession coming off of one of the longest expansions, i don't see a depression. If stocks don't return much for the next few yrs, so what-- what's your hurry Craig?