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To: Bucky Katt who wrote (9280)	8/3/2001 7:53:02 PM
From: James Strauss	Respond to of 13094

William: A drop in productivity would not be viewed positively by the markets, and it would make a liar out of Alan Greenspan... : > I guess we'll have to wait for next Tuesday to see if productivity falls, and if that kicks a prop out from under the market... The IMF coming to the aid of Argentina and Brazil will probably be viewed as a positive... With all the potential for bad news the market has held its ground pretty good... The Nasdaq continues to stay above 2000 and the Dow is fighting real hard to stay above 10,500... The longer this goes on the greater the argument that the economy has hit bottom, and the path of least resistance is to the upside... Jim