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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Patrice Gigahurtz who wrote (81491)	8/19/2001 4:03:48 PM
From: Steve Lee	Read Replies (1) \| Respond to of 99985

"Now watch for the other foot to drop, a year of companies restructuring ala 1991" cbs.marketwatch.com Fujitsu will cut 10,000 jobs

To: Patrice Gigahurtz who wrote (81491)	8/19/2001 10:32:26 PM
From: 10K a day	Read Replies (2) \| Respond to of 99985

>> "My favorite phrase in hindsight was, If it isn't broke don't fix it" OR "Some things are better left alone". I don't think we will have a sustained rally, or new bull, until the ProFuton Junk is somehow reasoned and accepted by the masses. When you hear analysts ridiculing management for Gymnastics Kaliedoscope earnings reports, It may be the end . Of course, It's been going on forever, It's just being now understood and thrown in the face. The problem is it's all tied to the fundamental stock selling schemes that have fleeced the public and made management rich. (And i guess it's no big deal until companies start going bust) When you go down the list and look at the busto IPO's from 1998-99 and the amount of stock that was sold..... It's enough to give you gas. When you go down the list and look at the number of >300-400 million share IPO's that are now under 5 ....it's enough to scratch your head and say who are all these people. I'm thinking what is going on here. I'm trying to contact my grandpa right now who went bust in the 1930's. He's been dead since about 1974 but i'm still trying to contact him. I guess if the brokers finally realize that what they are selling is a corrupt and silly system that the public is not really buying what happens then. So i guess, yeah, the system is broke. Answers, No, I don't have answers. I'm working on them. I'll let you know when I come up with something.