[T. Jefferson]

The still overpriced stock markets will drop about another 10 to 15 percent by the end of the year.

The Dow will be 10,000 by April 30,2003.

[JNB]

Based on what? Yes, its possible that there are enough fools to take the DOW to 10K on a very short term basis, but that will come very much so at the expense of the bond market. The bond market decline will raise long term intrest rates in this scenario, and finally choke off demand for home re-fis, and of course, home re-fis has been the main fuel consumers have been using to prop the economy up. Gotta love reality