The indicator that Cannon is watching most closely is thebillions of dollars in increased federal spending that is coming inwake of the Sept. 11 terrorist attacks in New York and Washington,DC.

"We're talking more than $100 billion, and the market goes asthe money flows," Cannon tells GlobeSt.com. "That will filter downto all phases of the economy."

He says, "If the government makes available a greater supply ofmoney, then it takes only a little time for it to get into theeconomy."

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