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To: lurqer who wrote (15414)	7/11/2002 12:27:01 PM
From: altair19	Read Replies (1) \| Respond to of 104155

<How about the market going up? 'Twould be refreshing!> Lurqer, it's capitulation time for the market....I think by the time all the annual audits are done next January or February (for most firms)will be the front edge of restoring some confidence. They also will be comparing year over year to a crappy year. In the meantime, I think most companies will clean house in terms of any marginal accounting practice....if their stock is already getting the crap knocked out of it, might as well make all the disclosures now. That's what I would do. Also in the meantime...let's hope Congress doesn't do anything stupid in terms of regulation. Altair19

To: lurqer who wrote (15414)	7/11/2002 11:43:16 PM
From: elpolvo	Read Replies (2) \| Respond to of 104155

lurking dude- i read what you wrote about capitulation and thinking aloud about whether a bottom has been put in, and wondering if you might be early in getting back in. before you go buy a buttload of equities you better read this: mywebpages.comcast.net capitulation is NOT what will turn the market. look for a change in attitude from the dudes who hold their fingers on the triggers first. from fear to trust... from defensiveness to risk-taking-global-benevolence. it takes a great deal more courage and character... and it does a lot more good... to walk through the valley of the shadow of death with trust than it does to walk through it with fear and massive firepower. history will laud praise on the likes of gorbechev, mandella, dalai lama, sadat, carter, clinton and polvito. <g> <perhaps not that last one> it's great to see the scrutiny that is exposing the corrupt practices of the enrons, worldcoms, haliburtons, andersons, and brokerages but these revelations are NOT what is dragging down the market. those would only bring down the individual companies. the market was dragged down by the global economic leader - the USA - because it changed its attitude and became self-serving. (the only way to serve self is to serve the world first.) look for signs of a change in that attitude before you bet on the market. yer fren, -polvie