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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (65018)	8/5/2002 11:05:54 AM
From: Softechie	Respond to of 208838

This guy is in pain!!! Stocks at 'extreme and unusual levels': SSB's Levkovich 08/05/2002 09:41:21 - By Tomi Kilgore Tobias Levkovich, institutional equity strategist at Salomon Smith Barney, feels the equity market is "at extreme and unusual levels," given that its valuations is trading as a "three standard deviation event." He does not believe the consumer is likely to "fail," citing strong personal spending growth, abating job losses and a solid asset base in home prices. Separately, he thinks the government bond market is signaling a "false buy" signal, and likens buying bonds in the current environment to buying stocks in March 2000.