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To: sea_biscuit who wrote (24078)	8/28/2001 3:53:33 PM
From: uu	Read Replies (1) \| Respond to of 25814

Dipy, The current bull market started in the 1982 and is continuing. We will never see bear markets of 1933 or 1975 -- only correction in the continuing bull market. Human race despite all its shortcomings, has managed to achieve great progress (economically, politically and socially). 1933 will never happen, neither will 1975. How long in you ropinion was the bear market of 1933? and How long was it in 1975 (or are you considering that we are still in the bear market of 1975?)! Point being what you consider as down cycles have shorter and shorter life than they did before. Your problem is that you always tend to use historic numbers/trends to come up with the exact scenario for today's numbers and trends. But the fact is economically 2001 is not 1933 or 1975, and as far as emotions and the illogical factors of the markets are concerned 2001 is NOT 1933, or 1975. If you are upset because you continue to see too much bullishness among investors and it is not like 1933, or 1975, the reason is because we are neither in a deepression, nor facing a global oil embargo problem, and/or are politically corrupt (sure we are stuck with George Bush and his gang-- but that is temporary and is by accident and not by design as it was in early 1970's)! The fact is you will never see too much bearishness among investors as you would like to see. There are certain political, social and economic models that have developed and matured over the years that makes it literally impossible for people/investors to let negative emotions take over the more positive sides. Bottom line, there is absolutely nothing -- and I mean nothing - that can convince me to validate any of your illogical overly pessimistic views of the markets (and the world in general) -- unless one or all of the following happens: a) Unemployment reaches 8%+. b) George Bush forces himself to the white house once again in 2004. c) Hell freezes over and over and over again! Regards,