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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (41939)11/23/2003 2:40:15 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello ACF Mike, an after thought on your <<No. The world is very far removed from TEOTWAWKI. Just ask anyone who remembers the Cuban missile crisis>>

Had I been an active investor during those days, I would have bet (and you know this to be the case) that there will be no nuclear event between Russia and the US, and I would have bought panicked shares.

In the current false comparison, I am certainly not going to bet that there is no upcoming nuclear event.

I think, BTW, that the DARPA initiative for a 'market' on terror futures was brilliant, though mishandled on the marketing, for the exchange would in fact have given them and all a sense of what is likely ahead. It beats viewing CNN News (never mind Fox).

Chugs, Jay
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