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To: Lee Lichterman III who wrote (78000)	7/28/2003 7:22:14 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

Someone in authority needs to explain the Joe Six pack that 1994 to 2000 was not normal (...) Even after the last 3 years, they still don't get it. In EW terms, this means that in your perception the Wave 3 down - the true Wave of Recognition - has not occurred yet. I think that serious "recognition" did take place in the OTC's - but not in the DOW/SPX. These two (or, at least the DOW) on their long-term chart are still passable (so far) as a high-level consolidation, as mere corrections. Enough time has passed for the emotions to settle down - and for people to begin again thinking that perhaps it was only a "Tech" bubble. IMO, it would take more then a speech by AG to convince the public that this time the Bear is different. Besides, why would AG or other politicians want to puncture the bubble? They may well think that inflating the bubble further may serve better the long term interest of both the Government and large segments of the business community and the public (the debtors). (I was hoping that someone would destroy the arguments I made to that effect yesterday and previously, but no one mentioned them)

To: Lee Lichterman III who wrote (78000)	7/28/2003 9:36:44 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 209892

Lee, those solutions were presented on SI by myself and others numerous times....... but who is interested in our oppinions ?? ..... aside from SI participants ??? Unfortunate the politicians want their electorate to be "happy" and the easiest way to do it in our days is trough financial assets and low interest rates. J6P has little understanding of financial matters and more so he has NO INTEREST to learn anything about it ...... and that is the other problem ....... even after they got hit so badly for the last 2.5 years ..... nothing has changed Message 14585877 Message 13468456