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To: mishedlo who wrote (553)	2/5/2003 2:30:20 PM
From: Jim Willie CB	Respond to of 1210

Dow is 130 pts off the high does anyone have a brain left in the stock market? more evidence to go to war versus Iraq means... - more likely to see much higher oil prices in interim - more uncertainty to creep into the economic picture - more curiosity about Islamic counter-attacks in terrorism - more federal spending and deficits to finance any conflict - a war of unclear outcome, unclear cost, unclear duration - but very clear damage to the US economy maybe that is why the Dow and S&P came off the highs but the dollar has begun to come off its intraday high also from 100.1 to 99.8 now / jim