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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (55917)	10/25/2001 9:23:35 PM
From: da_cheif™	Respond to of 94695

skeet...in 1982 we saw this as the dow turned up in aug..from the 700 area.. nytimes.com

To: Skeet Shipman who wrote (55917)	10/26/2001 1:29:47 AM
From: robert b furman	Respond to of 94695

Hi Skeet, I appreciate your perspective.But you have to admit,the market anticipates the turn up. Additionaly, let's face it - a million bucks yields 4.00 percent at personal tax rate of 40%- thats 2.4-2.5. Those who have historically relied on fixed income may not be able to live on $2,000 or $4,000 a month. This low interest scenario pushes people into more risky investments and that equals liquidity. Don't get me wrong I'm not preaching another bubble,but investment now is the only game in town. That reality has huge powere - especially amongst those who have money. JMHO Bob It is the underlying truism of Bill's SCYR.