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To: GST who wrote (143965)	7/19/2002 9:27:31 PM
From: John Chen	Read Replies (1) \| Respond to of 164684

GST,re:"hurry to see capitulation?". Great line... USA...USA...USA...USA...USA... I don't think we need that many down years to beat Japan. With the talents we have at the top-brass (eg. $600K/yr for a "special executive" salary, 350k$ starter home), we should kick Japan's ass in 8 years or less. You win some, you lose some. I think we need to give the crown to Japan for the 'longest recession in developed country'. We should get the most productive recession award soon. USA. USA. USA. USA. USA. Is this a V,U,W,or A economic cycle? This will teach you 'character counts'. I've been saying that the Clinton's era would cost you so much to correct, if at all possible. Of courese, it's not Clinton's fault. He just had a BAD CROWD to work with.

To: GST who wrote (143965)	7/22/2002 9:10:40 AM
From: Alomex	Read Replies (1) \| Respond to of 164684

Everybody wants "capitulation" -- thinking that capitulation is a spike down for a few hours and then a new bull suddenly emerges. Correct. A spike down is not capitulation. Capitulation is when there are no buyers left. None. It then takes years before people start dabbing in the market again. Are you still in a hurry to see capitulation? Not at all. I'm in a hurry to see stock prices return to sustainable levels. Once that happens investors can once again reward the profitable companies and punish the unprofitable ones (what a concept!).