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To: Giordano Bruno who wrote (244978)	6/11/2003 7:17:28 AM
From: Earlie	Read Replies (3) \| Respond to of 436258

JJ: Thank goodness all is well in America. Historic government deficits at all three levels, historic current account shortfall, historic trade deficit, historic consumer debt levels, corporations up to their armpits in debt, continuing massive lay-offs, glutted end markets, extensive excess capacity, accounting frauds popping up every week, the buck cratering, etc., etc. Now quit worrying and go out there and buy some stocks. (g) Best, Earlie

To: Giordano Bruno who wrote (244978)	6/11/2003 7:58:36 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

400b and not much to show for it? WOW, maybe if they spend more 3rd-4th Q the GDP could hit 3% for a Q? Right now the GDP is probably around 1.8% The market thinks we have 5-6% the 2nd half of 2003...well guess what we're here. I expect the big slide after June option expiration....to much to ask for it to adjust prior. If greenspan can keep all the balls in the air 2004 should be like the bubble year 1999. It has cost me the last 3 mos of being an unbeliever in the maestro's effectiveness in manipulating the system. I think it was a miracle of time that the Iraq war came and went so quickly. However, the cost is even higher now that we are losing an American Soldier everyday. It's been about 40 days since the official end of war and about 40 dead since....yes, that is more than the actual war.(US) It's obvious the costs continue....but hey, we have cheap oil? $32???????????????????? Gold is cheap, the dollar is cheap, interest rates are cheap. Stocks are not! This economy hasn't turned IMO.....but, I only had one year of college level economics, what do I know?<g> I do think it's great our troops are leaving Germany and Korea. However, we may need to send all to Iraq, Afganistan, Syria?