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To: Sig who wrote (12071)	1/11/2004 1:32:31 AM
From: pbull	Respond to of 13815

Airbus is good example. If the Europeans are going to continue to heavily subsidize their industries, then we either sit on our hands and watch Boeing shrivel, or we can weaken the buck versus Euro. So, while we hit an air pocket Friday (and we're overdue for a pullback anyway), we're in a bull market until Greenjeans takes away the punchbowl by raising rates. Your guess is as good as mine on when that happens. Saw a piece in the Journal that China is trying to cool its economy by raising energy prices. Biggest negative in the U.S. right now is health care costs. The CEO of WMT recently said in an interview that we need to do something about it. But no one seems to know what to do. Corporate America spends more on health care here than it does on salaries overseas. Something needs to change, but I don't have the answer. PB