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To: John Madarasz who wrote (126807)	10/2/2001 11:48:33 AM
From: pater tenebrarum	Respond to of 436258

thanx, i had. both credit card AND mortgage delinquencies have risen sharply. recommend reading Noland's latest , where some of the types of exotic debt instruments coming under increasing stress are listed in detail, and some light is shed on the credit insurers: prudentbear.com needless to say, that somehow seems to mean that we should buy stocks...i'm not sure why, but for some reason all of this seems to be bullish...Hays has now upped his equity allocation to 100%...i wish him and his followers good luck, they're going to need it.