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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (21540)10/12/2001 1:44:43 PM
From: TechTrader42  Read Replies (1) of 52237
 
It's my guess that the market is down today because of news that a massive global dust storm is raging on Mars.

cnn.com

Traders are probably alarmed by this:

"NASA scientists said dust kicked up from the Martian surface now towers more than 40 miles. Winds at the surface are thought to be clipping along at more than 80 miles an hour, while high-altitude winds are even faster -- close to 260 miles an hour."

Note that the storms are cyclical. No doubt some interesting correlations with the market could be drawn.

"Cloud patterns on Mars have been observed from Earth for more than a century, but a planetwide dust storm was first seen in 1956. Fifteen years later, the Mariner 9 spacecraft arrived in Martian orbit only to find the planet shrouded in dust. After that, dust storms were sighted every four to five years.

'There seems to be an average of one storm every three Martian years,' said Zurek. 'Why there are storms in some years and not in others is not known.'

"Mars is much farther from the sun than Earth and takes longer to orbit the sun. As a result, Mars' "year" is equal to about two Earth years."
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