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To: Paul Shread who wrote (56742)	10/16/2002 3:51:02 PM
From: Doo	Read Replies (1) \| Respond to of 209892

Well, looks like we oughta have one hell of a rally over the next 3-9 months to cure the public of their misconception, eh? ;)

To: Paul Shread who wrote (56742)	10/16/2002 5:41:30 PM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

actually, the ICI just released a report showing the %age of households owning stocks is actually higher now than it was in 1999...some 57 + % i believe...mania top was only around 60% also, recent equity allocation by money managers now exceeds 70% agn

To: Paul Shread who wrote (56742)	10/16/2002 6:45:46 PM
From: John Madarasz	Read Replies (2) \| Respond to of 209892

sorry about that ICI/SIA info Paul, i just re-read the text, looks like the report stated "nearly 1/2 of all U.S. households, an estimated 52.7 million households strong, owned equities as the year began. "The tally represents a 7.1% improvement, and 3.5 million MORE households than in January 1999, when the DOW was 18% higher". Regardless, the report goes on to say that the ICI stats still show "near record long term bullishness" My memory ain't what it used to be..<g> Best, JohnM