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To: stockman_scott who wrote (10185)	12/20/2002 4:04:22 AM
From: Sig	Read Replies (1) \| Respond to of 13815

That post is a real eye-opener I have to agree and its back to looking at Dow 5k or less. My mistake was thinking it would be a rather straight line down but that would have alerted the public and caused a crash. The recent rally was merely to sucker in the last few hopefuls and eat away their remaining equity value. As I mentioned one time before, there are today far too many people involved in manipulating money. Brokers, banks, funds at each of the Colleges, personal funds, hedge funds, all the analysts and chartists, financial advisers, magazines. And now bless them all, desperation shows in the invention of the CBOE stock futures. " Hey fellows, still losing? Try this one if you own stock, use stock futures to offset your losses if the stock goes down - you can't lose". Wow The consideration of the Tulip mania comes into play as the effects of an obsession- then it was Tulips, now it is money which is even worse because it has spread worldwide.. The good thing is that his charts show there seems to be time to leave, perhaps following a year end rally. I think Mr Greenspan is increasingly worried that about this recent dip- making some soothing comments today after-hours. Regards Sig I am astonished at the values today. Fuel prices the same as they were 18 years ago. I can buy better tires today for the same price they cost in 1946. A TV set for $29. A microwave for $39. Clothing for the same price as as in 1940. They practically give away watches.