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Strategies & Market Trends : Mu Gamma Lambda

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To: Jorj X Mckie who wrote (7542)	9/19/2001 2:24:33 PM
From: Libbyt	Read Replies (1) of 10077

Lots of uncertainty in this market right now. What are your thoughts on the overall market...and how do you feel about holding short positions in this market? I know that many on SI support the use of shorting stocks as simply a market tool, and not something that drags down our economy. I can't help but feel that if it is true that Bin Laden shorted various airlines and insurance stocks, that he is financially gaining from his activities. I would love to see him hurt financially...and hopefully some of the larger market buyers (Buffett?) will start to become (very vocal) buyers in this market. I saw the message by A@P that he was covering his short positions. I would have to think that morally those who are gaining financially from the tragic events last week should have some second thoughts about how they have achieved these gains. There are IMO obviously much more important things than personal financial gains... especially in today's world. I just bought a new car...something I had put off for awhile, but something I'm glad I did as a measure of support for our economy. I also plan to continue to fly on our airlines...just call me stubborn, since IMO I don't want the terrorists to "win" this battle.

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