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To: BelowTheCrowd who wrote (17287)	6/22/2002 9:17:32 PM
From: alydar	Respond to of 19080

<<I don't think we'll get capitulation either. Maybe for a short-term bottom, but not for THE bottom. That one will come over a period of months or (more likely) years, during which everybody who held on for the rebound will see there money do less than it would have in a savings account.>> ahh, gee, let me see. unfortuneately, i am old enought to remember 1974 as a 12 year old. oil embargos, high interest rates and inflation. never mind watergate and a useless carter administration in 76. we surely have our problem today but they are not the same as 1974. there is a thing out there called the internet that has just to begin to become influential on corporate and residential america. much different. one cannot predict the future but to say it is the same as 1974 is stupid. oh, yeah, what was the average savings account paying in 1974? rocky.