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To: On the QT who wrote (97900)	2/12/1999 12:16:00 PM
From: edamo	Respond to of 176387

i'm a firm believer that today's market is driven for the most part by daily swings in the psychology of the masses...makes for choppiness, and sometimes volatile swings, but there exists so much liquidity, that it has no where to go, except eventually back to equities...and the issues always seem to be the large caps...a ten percent market correction would take 6-18 months years ago...like dying a slow death..today it happens in a week...sharp pain inflicted, but usually swift relief...my how things have changed!