Joe Cangemi Second Quotations

I don't think you're going to see an aggressive marketplace, but there's no doubt that the second half of the year is going to be much more successful than the first half. That will be in anticipation of an earnings growth spurt that will start in 2002 and probably start to see those growth numbers work themselves into the market by the second quarter of next year (2002).

I think the positive tone has been reinforced this week. Going forward into next week, there's no doubt traders are starting to anticipate that the second half of the year is going to start to be a positive building point.