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To: Boplicity who wrote (8324)	7/23/2002 7:32:01 AM
From: Sig	Read Replies (1) \| Respond to of 13815

<<<What level, and how more days like today, do think will be needed?>> I dont see the bottom yet, even 5000 as I mentioned in this post. The blame for this has been shifting around, first the greed of Msft, then the actions of Mr Greenspan, then the tech stock bubble, then the 9-11 disaster, now the bankrupsy of Ene and KM, now on Congressional proposals. What has happened is that the economy is maxed-out on the buy-now and pay-later attitude of the 1990's and its time to pay the piper. Growth and expansion was built into the plans and spending of nearly every company to such an extent they cannot (financially) handle a flat economy, much less a declining one. The result is people are beginning to see a bubble in the Dow that may exceed that of the techs. And the waters get muddier, instead of providing better visibility. Money will not return to the markets until confidence and clarity return, and without money coming in the markets will go down. Sig Message 17681894 (anyone care for "Tea" and toast this morning?) biz.yahoo.com