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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (6453)	2/26/2002 8:47:22 PM
From: Sig	Read Replies (1) \| Respond to of 13815

<<While cautiously optimistic about the short term, Saut is far from a wide-eyed optimist, forecasting the Dow will remain in a trading range between the low 9000s and the mid-10,000s for the next 18 to 24 months, "unless real estate implodes." He foresees other major averages being similarly range-bound. >> The Feds claim to pay only minor attention to the markets. But I am comforted to still believe the actions they take will be oriented to maintaining the Dow at over the 10000 level but with no goals for the NAZ There is a perilous risk to our economy (flow of money) from the lack of buying enthusiasm in the general public if their equity-invested savings continue to deteriorate. Feds are trying to save the old-guard companies , banks, utilities, insurance, autos, metals. retailers,telecoms- most of whom depend on sales of company bonds to the public. The techs are on their own. Sig .