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To: Les H who wrote (179762)	7/15/2002 8:30:27 AM
From: David Zgodzinski	Respond to of 436258

It took a long time to turn the tanker, but there are definitely more stories about either selling or at least not committing any more funds to the market. Pessimism is increasing about stocks, but there's still a lot of complacency about the economy in general. Many folks probably see rising real estate values as countering falling stocks to some degree. It mitigates the fear. And then of course there's the summer rally that will let everybody bail out at better prices ;0)