Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Neenny who wrote (5844)	9/8/2001 11:00:05 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 10077

I feel bad for Bush. Many of the economic dynamics were already set in place before he took office. Now he hasn't been as vocal as I would like to see but I don't blame him for the current situation. Energy was expensive well before he took office, unemployment was on the rise and the markets were well into the bear phase. The fact that now we are seeing the dow join in is more a symptom of the run for safety that took place during the naz fall of 2000. It seems obvious to me that many of the dow companies were run to high valuations while people ran for cover and exited the nasdaq. That in combination with the recent info regarding the differences of GAAP and Pro Forma accounting will likely spell pain in the DOW. Is this GW's fault - I don't think it is but I'll leave it to others to decide.