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Strategies & Market Trends : Sharck Soup

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To: Whiteboy who wrote (35543)	9/16/2001 11:06:25 PM
From: puborectalis	of 37746

Billionaire investor Warren Buffett led the way, saying Sunday it would be ``crazy'' to sell stocks on Monday adding that he had no intention of selling any of his. ``I won't be selling anything,'' the influential investor told the CBS program ``60 minutes''. ``If prices would fall significantly, there's some things I might buy.'' Recently retired General Electric Co. Chairman Jack Welch also said he would ``probably just hold'' onto his stocks since America remains ``the best place in the world'' for investment. But both men admitted there would be some economic fallout. Buffett warned of lower third-quarter earnings and Welch said that consumer spending could be in for a bumpy ride in the short term. Despite all the optimistic comments and pledges from patriotic businessmen, regulators, companies and markets around the world are bracing for the bell that will herald the opening the NYSE after its four day closure.

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