No, Outlook provides no way to do that.

Signature
Sue Mosher, Outlook MVP
Author of Configuring Microsoft Outlook 2003
http://www.turtleflock.com/olconfig/index.htm
and Microsoft Outlook Programming - Jumpstart for
Administrators, Power Users, and Developers
http://www.outlookcode.com/jumpstart.aspx
> Is it possible to change the settings on a folder so that it behaves
> the same as the 'Junk E-mail' folder?
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>
> Thanks