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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: el paradisio who wrote (81778)9/13/2001 5:05:47 PM
From: Wayners   of 99985
 
The recent tragedy is definitely connected to the stock market. Here's an excerpt from a Bin Laden biography:

Before his final departure from Saudi Arabia, his financial activities were almost copies of his brothers. Indeed, he is still part of the big mother company. However he had committed himself at very early stage to a special code which he thought was necessary to guarantee the Islamic nature of this activity. For example he would never invest in non-Islamic country. He would never use banks unless it was absolutely necessary. He does not believe in stock market because he thought the investor cannot escape interest since the money has to be in a bank and produce some interest. He is also preoccupied with the idea that Jews control banks and stock market.

It is informative to note that Islam forbids all forms of interest as its all, regardless of rate, considered usury.
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