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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: anon who wrote (13337)12/13/2001 9:11:31 PM
From: sylvester80  Read Replies (1) of 99280
 
Are we for real? Do you really think that the terror attacks in Sep. or if bin laden is killed today, tomorrow, next week or next month, have anything to do with the bad shape our economy is in??? Did bin laden created the 99-2000 bubble? Did bin laden cause the warnings of NT, CSCO, LU, JDSU, JNPR etc... etc.. during the first half of 2001, before the Sep attack? Did bin laden cause technology overbuilt and high inventories? Did bin laden cause fiber glut?

What has happened to our economy has happened due to our own greed and greed alone. Had the terror attacks not happened in Sep we still would have been in the same bad shape we are today. Bin laden is just an evil bad person that will soon be taking care of. Nothing more nothing less. The problems to our economy however are deep rooted and have no connection to the terrorist attacks in Sep or the war in Afganistan.

So let's get a reality check, get rid of the market excesses and get some meaningful valuations back into the market. Cause until that happens, our economy would continue to suffer until we do.

JMHO.
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