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To: Grandk who wrote (207130)	11/27/2002 6:11:36 PM
From: Haim R. Branisteanu	Respond to of 436258

Would agree it is the reverse of the move from March to July and later to Oct 10. In a way it has all the signs of FED intervention similar to 1998 when LTCM and Russia were in trouble. Like in 1998 so today the FED is very vocal about the financial markets At that time, the rally lasted more or less until February, but this time it is different IMHO for the simple reason that the pile of debt grew very substantially and the proliferation of just in time inventory and use of computerized systems is almost complete. Not a lot of "productivity" in the pipeline which will crimp profits, not to mention debt load and the huge trade deficit.