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To: mishedlo who wrote (121526)9/13/2001 11:04:53 AM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
another example of why europe's initial response was not "panic." unlike the historical events that everybody keeps citing, this fall was destined to come anyway... this event has only accelerated the retrenchement of the US consumer and pushed us into a recession that was coming anyway....

charts don't lie and they were poitning to a fall even before this happened...