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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (7722)9/12/2001 8:20:15 AM
From: Aggie  Read Replies (1) | Respond to of 23153
 
kodiak_bull, Good Morning,

I posted this query yesterday, and I'll post it again this morning:

Reports came in that a total of 8 planes were highjacked. Reports on the ground here yesterday (local radio) stated that 2 intercontinental planes from London to US were not responding to attempts to contact them.

BBC is now apparently (didn't hear it myself) reporting that there were additional planes, and they may have been intercepted.

Has anyone heard any of this, and do you have an URL for me?

Thanks and Regards to all,

Aggie



To: kodiak_bull who wrote (7722)9/12/2001 8:22:53 AM
From: stockman_scott  Read Replies (1) | Respond to of 23153
 
A Personal Message to Our Clients From Paul Rabbitt, President Rabbitt Analytics, Inc:

The employees and staff of Rabbitt Analytics are stunned and shocked at the terrorist
attacks on our country today. Our immediate concern is for the safety of our friends in the
financial community who work in the World Trade Center and all of downtown. You have
our prayers. Your families have our prayers.

If you are not directly involved in this terrible tragedy but are concerned for our country
and our financial stability, we offer this guess based on our twenty-five years experience:

1. Unless this turns out to be the unlikely act of war from another country, it will have a
minimal impact on our domestic everyday personal safety in the coming months and years.

2. The US economy is diverse and robust in its diversity. This is a non-recurring economic
event. There will some impact due to several days of disrupted markets, cancelled flights,
and delayed travel.

3. Stock markets are likely to open down 7-15 percent. This is confirmed by the limited
trading in stock futures just before the trading was halted. Dow Jones technical support
areas include 9171, 8660, and 8220. S&P500 support areas include 1060, 970, 880.
Support areas for the NASDAQ include 1640, 1420, and 1350.

4. Bear markets often reverse after climactic events. This qualifies as a climactic event.
Our experience suggests placing sell orders with your brokers will result in poor
executions and a high probability of "selling at the lows". Selling during unstable times is
never a good idea. The markets will possibly be disorderly and inefficient executions may
cost you unnecessarily large losses.

5. Do not buy until the markets settle down.

6. During catastrophic events, it is typical that natural resources (gold and oil) prices will
surge higher. This is not a lasting effect. Volatility will be high for a few months now. It is
also natural that the US Dollar will fall sharply.

7. The Federal Reserve is open and operating normally.

8. The NYSE and all stock trading exchanges have suspended activity. Several European
exchanges have also closed. We agree with SEC chairman Harvey Pitt, who said
disruption of normal trading patterns is a temporary phenomenon. It is also unlikely the US
stock market will open until Monday. The major problem is that 30% of the US clearing
operations were in the World Trade Center. Several world markets announced they
would open tomorrow.

9. Bull markets start when the news can't get any worse. We reaffirm our belief that bull
markets are "birthed" from catastrophic events such as this.

10. After the Kennedy assassination, the DJII fell 3%, the recovered.

11. After the previous bombing of the World Trade Center, the DJII fell a mere .5%, then
rallied

12. After the invasion of Kuwait, consumer confidence fell, the market declined, then upon
our invasion of Kuwait, a bull market began.

For now, we recommend you maintain a "cool-head". This is not something you or any
professional could have anticipated. You cannot avoid the impending volatility. Do not
trade when markets are in disarray. There is no rational reason for investors to sell-off
corporate America based on a non-economic event such as a terrorist bombing. we have
included yesterday's market opinion below:

Paul Rabbitt, CEO
Rabbitt Analytics, Inc.



To: kodiak_bull who wrote (7722)9/12/2001 10:02:11 AM
From: Second_Titan  Read Replies (2) | Respond to of 23153
 
KB I agree wholeheartedly with your comments. With 20 years of travel to 25+ countries and after having living in a foreign country I returned to attend a State university here in NJ.

What an eye opener. I could never have imagined the concerted effort by a US educational institution to brainwash young minds. In short, if you are a white male of European descent you were part of a vast history of people who have exploited females and people of every other of race and nation. What is interesting to consider is the reaction of our US citizen "victims" verses the reaction of the foreign students of victimized nations attending the classes.

I am sure you are familiar with the theme; the USA is strong because of the cheap slave labor. Europe is rich because of the slave trade and the riches exploited from Africa and the Americas. Most foreigners I have met know the problem of their country is the legal and political institutions, in a word corruption.

Most every foreigner I ever met even if they resented some of the things the USA did to their country, still would give most everything they had to obtain a green card and to prosper under the opportunities offered here.

I am tired of hearing that we stole someone else's share of the global economic pie. We have earned our share of the economic pie and there is more than enough opportunity for others to earn their share by developing a larger pie.

Fascists like Osama Bin Laden are not concerned by inequality, only with strict obedience to their ideology. Islamic fundamentalists are concerned with one overriding action, imposing their will on others.



To: kodiak_bull who wrote (7722)9/12/2001 6:29:11 PM
From: Raymond Duray  Read Replies (1) | Respond to of 23153
 
Hi KB,

Thanks for your articulate and well-argued views. I'm more in agreement with you than you suspect. Especially in regard to the heroism of those on the plane that crashed in Pennsylvania, and prevented the insane horror that a fourth plane could have caused.

Let me be very plain that I do not in any way condone what occurred yesterday. It was a horrible, cowardly, immoral act. Unrelenting punishment should be meted out to any associates of the suicide-terrorists. As you say, you club the pit bull and crush it.

-Ray