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To: Sig who wrote (8786)	8/16/2002 10:12:23 PM
From: pbull	Respond to of 13815

LOL. I went to four brokers offices today. I had the afternoon off, and was just curious what things looked like out there. The first one I went to, where the guy is willing to take risks, but cut losses fast, I had to park my Mazda in the back because I couldn't get around the white Caddy parked by the front door. The second one I went to, the guy advised buying JNJ on dips. There was no one there other than his receptionist. At the third one, who is very valuation-sensitive, some teen-ager had nothing better to do than talk to me for 10 minutes about nothing. And the fourth one, well, he's an old hand at this racket and was probably playing golf at the country club. I'll give him credit though _ he's always there by 8 a.m. every morning, and I mean every morning. So, there you go. I remember the '90 market, pre-Gulf War, like it was yesterday. Everybody was holding back, just in case something went wrong. Then, on Day 1, when we smart-bombed everything of any strategic significance, the market took off like a scalded dog. I think W. would like to see a repeat of that, now that the bubble is gone and the re-election campaign is less than 2 years away. We shall see. PB