lament

Doug Henwood dhenwood at panix.com
Mon Sep 30 14:48:26 PDT 2002


A quote from a Reuters market story:


>"We're just now realizing how aggressive the accounting really was
>in the '90s," said Charles Pradilla, a strategist for more than 30
>years, currently chief investment strategist at S.G. Cowen
>Securities. "We also have high valuations, disappointing economic
>growth, no pricing power, terrible psychology, and if that weren't
>enough, how about a war?"



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