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To: yard_man who wrote (178978)	7/10/2002 10:10:56 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 436258

tippet do you really think that the SPX will slide to 700 ? Keep in mind inflation is minimal and interest rates are 1.75% and not 5% or 6%. Further we are below 6% unemployment a figure that once was regarded as full employment and inflationary. Contrary to France Italy and Germany 96% of the work force is employed and a majority are real productive, this should count in any calculations. There is a big difference between 6% and 9.5% unemployment!!

To: yard_man who wrote (178978)	7/10/2002 10:12:14 PM
From: NOW	Read Replies (2) \| Respond to of 436258

well, you had PIMCO boys calling for the same publically this week, so it cannot be far off... one is tempted to say: "why dont they just print up everyone a million dollars? but the reality is much neater: they effectively printed up a group of fat cat CEO's and their ilk 100 million dollars....