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To: jjs_ynot who wrote (9)	11/28/2001 9:57:08 PM
From: AugustWest	Respond to of 44

NO This bear is not satisfied yet. IMSO of course. It will take a while to digest, but we're in for one ugly few years. Yes, I don't buy that BS of early next year recovery. I'm sort of close to the front lines, and it ain't getting better as they would have the public believe. And AG is saying his prayers nightly!

To: jjs_ynot who wrote (9)	11/28/2001 10:00:33 PM
From: AugustWest	Read Replies (1) \| Respond to of 44

Dave, I made this post almost a year ago. #reply-15098906 Sure I'm tooting my horn a bit. Unfortunately I missed the top by about 200 pts. Bottom, I think is under 50 pts. EOY, still up in the air. But off the record, I see 900 on the comp in '02. That's partially the wind talking , I'll review later. But bottom line is we are still at high PEs for bull markets. PEs at the bottom of a bear are like 10-12%. If history is any indication........