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To: Mark Fowler who wrote (8174)	8/7/2001 4:07:00 AM
From: fedhead	Respond to of 57684

Sure hope so. But I don't think that is going to happen. The leading sectors like home builders, generic drugs have started breaking down. Even the internet leaders of this year like EXPE, ROOM etc look like they are topping and I do not think that the tech sector with its leaders down 70 to 80 % are in any position to lead. I think we retest and break through April lows and that should produce the capitulation event to put a lasting bottom. We should get there by the end of the year IMHO. The consumer already up to his eyeball in debt and now worried about their jobs is in no condition to spend us out of this recession. I think some of the stocks in the retailers like BBY could make attractive shorts. Anindo Anindo