'We May Have Come Too Far, Too Fast'

Suggests that the rally in the stock market may not be a sign that the recession in the United States is over. How valuations and interest rates will slow the recovery; Likelihood that the U.S. Federal Reserve will raise interest rates in 2002; Worry that stock forecasts for technology companies are too positive; View that economically sensitive stocks, both consumer and industrial, will improve with the gross domestic product.