To: Patricia Trinchero who wrote (180264 ) 9/13/2001 6:37:14 AM From: TideGlider Read Replies (1) | Respond to of 769667 A message from BRIEFING.COM Updated: 13-Sep-01 General Commentary Like many of you, we at Briefing.com are still mourning the loss of friends and colleagues in New York, Washington D.C. and Pennsylvania. Our thoughts, prayers and sympathies are with the families and loved ones of the victims. We would also like to take a minute to express our tremendous thanks to all the emergency and medical crews who continue to put their own lives at risk in the herculean search and rescue effort. God bless each and every one of you. Though we find it extremely difficult to concentrate on work in the aftermath of Tuesday's tragedy, we also know that many of you are very anxious over how the horrific events will impact the already shaky financial markets. These anxieties have only been heightened by the volatile trading in foreign markets, and by the need to delay the opening of the US equity markets until Friday (at the earliest). Using history as a guide, many pundits have already speculated that when the US stock markets reopen they will immediately spike lower, as this is the usual response to cataclysmic events. While Briefing.com concedes that this is the most likely market response, we don't think it will happen. To the contrary, Briefing.com expects to see a "patriotic" rally unfold over the next few weeks, as traders will be loath to profit off the terrorist attacks by shorting stocks. We also suspect that the US Treasury and the Fed will be jawboning major corporations to support their stock prices in order to prevent a major psychological break in the financial markets. Coordinated rate cuts and major fiscal stimulus plans will also provide support to the fragile market. How far, and for how long, such a patriotic rally will carry the market, we don't know. But in the days and weeks to come, as the markets reopen, and as the weight of events gradually lifts from our hearts and minds, Briefing.com will work to identify which sectors and stocks will outperform. Robert Walberg, Briefing.com