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To: maceng2 who wrote (193603)	9/25/2002 5:13:01 AM
From: PMG	Respond to of 436258

<<<I've got to wonder if severe damage is kicking in at current stock market levels>>> That's what the BOJ says it's its fear, too...perhaps it should be taken seriously. I think the current state and the speed of the deterioration of the economy doesn't justify necessarily a SHARP further decline of the markets - there are still enough people and companies relatively well off. It's stealth systemic damage that shows more and more to the surface. At least it courses enormous volatility and makes the market very difficult to trade. AG not to be addressed 'Sir' is certainly a bless for the honour of knights!