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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (92018)	9/11/2001 5:57:30 PM
From: Night Trader	Read Replies (1) \| Respond to of 132070

This thread is an oasis of sanity compared to some of the others I've been reading today.Lets hope the government doesn't catch this wave of hysteria and does something stupid that will only perpetuate the situation.

To: Knighty Tin who wrote (92018)	9/11/2001 7:03:04 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

Well, lots of US shares trade in Europe, and the US market might have to open with trillions of dollars already discounted world-wide, counting foreign as well as US shares. I think that share prices need to decline to get back to reality--and decline a lot. But now I am speaking more as a citizen than a bearish investor, when I say they ought to do this in as orderly a way as possible. If all the foreign markets lop off a lot of valuation, and if a substatial fraction of US mutual fund managers decide it's prudent to raise cash, US markets might even have trouble opening. But let's see what happens. Greenspan can't do a damn thing about what occurs in Tokyo, Frankfort, Paris, or London.