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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (56992)	10/17/2002 11:26:30 PM
From: JRI	Respond to of 209892

<when was last time market reacted to B2B> No clue, but it was so below estimates, I'd be surprised if it doesn't put a damper on Soxx, and by extension, NDX at open. I have no clue how earnings rise next year either....really....we have not gone thru the normal "get rid of debt" cycle (not on personal, or corporate or state/Fed gvt levels- in fact, we increased leverage to extroadinary levels. One of the virtues of correctly executed capitalism-g (shedding of debt in downturns) has fallen by the wayside here, and like the ol' commercial used to go, "you can pay me now, or pay me later". My extension to that would be- "and later, it'll be worse" I s'pose we are trying to create our own unique version of Japan, Inc. How American! ng,g