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To: Boplicity who wrote (3077)	7/27/2001 3:59:19 PM
From: Sully-	Read Replies (1) \| Respond to of 13815

Perhaps there will be some teeth in this anticipation turn around (maybe tiny teeth). However, with easy YOY earnings comparisons, this blip up in the overall economy will ignite greed over fear & the bubble will inflate...... just prior to the unraveling of this loose monetary policy, rising inflation & perhaps interest rate increases. But then again, that requires many things to all come into play....... which tells me that this is only a possible scenario, with only a small chance of actually developing as described. As for the late summer swoon to 1800 or lower....... I'm starting to have my own doubts............ and the reasons you listed are among my reasons to doubt too.......... but I'm not convinced we don't try to get there still. FWIW, this has been one heck of a tough market to profit in. I doubt it will get much easier for a while. Regards, Tim