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To: T L Comiskey who wrote (6001)2/5/2002 1:36:22 PM
From: Boplicity  Read Replies (4) | Respond to of 13815
 
I believe we are seeing an over reaction in the market now. We keep hearing conditions are improving, even exceeding in some cases. The problem is faith in the market. Frankly, I have no idea how the market builds back faith in the market from the accounting concerns we are seeing now. It looks to me that the ENRONitist condition will just have to burns itself out. I can't see anyone person, or event that will medicate the accounting concerns. So, it's anyone guess when the market will base and then move forward. My guess it will take the better part of this year to repair the damage or at least a few more earning seasons. Till then, bounces are all we are going to see.

B