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To: Poet who wrote (2315)9/15/2001 11:08:37 AM
From: Lane3  Read Replies (1) of 51710
 
I was on the jagged edge of pissed off yesterday and took a much-needed SI break last night.

A break is good. I hope I didn't contribute too much to your state of mind. I know you've been getting a lot of abuse about shorting. I was trying to communicate my anti-shorting point of view in a constructive and caring way. I can only explain my own point of view. We all have to make our own moral choices by whatever criteria we value.

I have a slight recollection of WWII. I remember ration cards, ripping sheets into strips and rolling them for bandages, separating the foil from the paper backing on cigarette and chewing gum wrappers for recycling. WWII was the last war in which our people were expected to make everyday sacrifices for our country as part of their ongoing life style. Gas lines during the Gulf War were just a small and transitory taste.

You know me well enough to know I'm not a flag waver. The boys down at the VFW would probably consider me quite unpatriotic. I don't own a flag, I zealously oppose a flag burning amendment, I've argued on these boards that it's silly and inappropriate to play the National Anthem at football games. I don't place much stock in the trappings of patriotism. I didn't even bother to see if there were any candles in my neighborhood last evening, let alone light one, for example. And I question my country all the time. That said, we are at war, one that may be more like WWII that what we've been accustomed to, and there are certain things that citizens do and don't do in wartime.

The enemy has attacked our country, our way of life, and particularly our financial underpinnings. They would like nothing better than to see the stock market and/or the financial and communications systems crash on Monday just like the towers crashed on Tuesday. I will not do anything to give aid and comfort to them. Even if cost me the rent money.

In normal circumstances you can argue that shorting is healthy. These are not normal circumstances. The last thing we need on Monday is for the market to go down. It's as simple as that. Selling, redemptions, shorting make the market go down when the country needs it to remain stable. I will not contribute to instability. I'm sure there will be individuals and commercial traders who have other priorities and other loyalties who will. They have to deal with their own consciences and I have to deal with mine. I won't give aid and comfort to the enemy. Period.

Karen
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