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timhyma

11/19/02 3:02 PM

#739 RE: JimWillieCB #737

Jim- A couple of thoughts that may keep the effect of 1929 from happening. FERS (Federal employees retirement system) and TSP (Thrift savings plan)- government programs for retirement. Every month, government workers put 7-12% of their paycheck into the program. imo, this is holding up the system.

Do you think this may be holding back the "wash" we need in the market?