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To: Dale Baker who wrote (32615)	2/12/2003 3:03:43 PM
From: Carl Worth	Respond to of 118717

At least that person says he's not sure, I think all of these wave things are a bunch of hooey (technical term), there are 5 waves up and 3 waves down and in between there are some other waves and it's either the first wave up in a correction from the last waves down or vice versa, or ...well you get it <g> one thing i agree with, this is sure a cloudy market, on one hand there is the fundamental undervaluation of a lot of stocks based on jittery investors, however there is also plenty to be jittery about, with iraq looming, korea doing their thing, and now iran apparently under suspicion of trying to make a nuclear weapon so when iraq gets resolved, we probably still get a decent rally but if korea and iran are still out there, will those just take the place of iraq as the impending crisis? along with bin laden of course all in all i'm happy with a bunch of cash, on days like today i wish i had an even higher cash position, but eventually things will improve and the market will do better, maybe if i start using Elliot waves i can find out exactly when...LOL carl