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To: Yaacov who wrote (26413)8/22/2000 2:03:45 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Yaacov. I listened to sev. discussions yesterday about this Sub accident, including a survivor from an American Sub accident. I believe he said that he was one of 5 survivors out of 20 that were able to escape on their own through a hatch. The accident happened when they fired a torpedo and it boomeranged. So, who knows, maybe something like this could have happened to that Russian Sub.
Maybe if the Russians had asked for help right away, yes, maybe some lives could have been spared. The internal second explosion probably took a lot of lives immediately.
But yes, this whole affair has been handled unbelievably by the Russians, imo. The Russian people probably lost a lot of faith in Putin. Can you imagine staying on vacation when a tragedy like this happens? And wow. I listened to Putin's speech. It looked like not one muscle moved in his face. I don't know.
This incident can't be hidden from the Russian people. They already know that we offered help right away and it was rejected.

Now to the market. Another 20 min. before the FED speaks and then the analysts will be looking for the next earnings reports and then to the next FED meeting. They will always squawk about something. This has been going on for a long time now and I don't know if we will ever get rid of those moment to moment commentaries. Those have flourished.

The markets are up nicely, so who knows how the market will act after the fact. But the bulls still think that the overall trend will be up for the rest of this year and into the middle of next year. But I am pretty sure the market will stay volatile.

We may have to wait a while until Dell doubles. gg. The NAZ and most techs are up but Dell is down.

I will close and watch the talk on TV until the verdict is announced.

BTW. This a pretty interesting article.

yahoo.cnet.com

Sonny