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basserdan

12/27/02 1:06 AM

#59153 RE: mlsoft #59152

MLSOFT,


12/27 00:06
Morgan Stanley, J.P. Morgan See No Industry Rebound in 2003

Well, DUH!!!

http://quote.bloomberg.com/fgcgi.cgi?mnu=news&ptitle=Top%20Stories%20World&tp=ad_uknews&...



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Babylon

12/27/02 1:19 AM

#59154 RE: mlsoft #59152

I feel the same way, being bearish is no fun and even seems to be more difficult at times to preserve/make money.

About getting bullish; what are a couple indications you will be looking for in order to begin a bullish stance (aside from valuations - which can be viewed with heavy opinion for various reasons)?

Debt reduction comes to my mind (both consumer and corporate) - if so, at what level does it become bullish? Debt reduction, would be bearish ST (as would be a higher savings rate...a temporary contraction of demand for goods and services etc.) but some tough needed medicine that could insure another secular bull wave, I would think. I think the more its reduced, and the quicker, will tell us how soon and how long (a secular bull) a fresh new bull is born.