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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Tommaso who wrote (125146)9/24/2001 11:51:20 AM
From: Earlie  Read Replies (4) of 436258
 
Tommaso:

Anything is of course possible in these crazy times, but that much advance in the face of a collapsing economy would surprise me greatly.

Trucking is down even more, hotels are deserted, commercial airline flights have so few folks aboard that one could bowl in the aisles, retail stores are having trouble with echos, real estate sales are cracking, boat and rec vehicle sales have imploded, etc., etc. This economy isn't going to be turned around any time soon. In fact, it is in much worse shape now than it was just a few weeks ago. When investors catch up with all the ugly results and implications of the terrorist attack, they will quickly revert to "sell" mode. The smarter ones will likely use this rally as an opportunity to dump.

Best, Earlie
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