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marvin1946

07/24/02 10:00 AM

#7453 RE: extelecom #7386

Art Cashin last week said 7400. My internal chart says the dow will quickly rebound to 8600 if we get a reversal. Should stop the redemptions for awhile. From there i hope higher in a summer rally. My gut says last 1000 points in dow was akin to last 1000 points up in nasdaq in 2000. mike