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To: E.H.F. who wrote (93039)9/13/2001 3:51:29 PM
From: Rossignol  Respond to of 97611
 
This was published in the passenger manifest for flight 11 -
us.news2.yimg.com

A Compaq employee was confirmed as a passenger. His name was Jeff Coombs. I wanted to share it with you all, because ultimately its the people with whom we connect and why this thread even exists. To his memory...

Personally I look forward to the re-opening of the markets. Trade any way you want. It's your freedom. And If I lost everything, I'd suck it up and rebuild. I guess I'm that way, because I'm an American.

And though I hope that every bastard who was involved in any way with this tragedy gets their just due, I would also tell you that if a devastating earthquake happened in Afghanistan tomorrow, I would still find it in my heart to lend a hand to those truly in need. That, too, is because I'm an American.

Also, this email has been going around the world, so it seems appropriate to post it here as well. The final paragraph is not my writing, it is from the original sender.


TRIBUTE TO THE UNITED STATES This, from a Canadian newspaper, is worth sharing. America: The Good Neighbor. Widespread but only partial news coverage was given recently to a remarkable editorial broadcast from
Toronto by Gordon Sinclair, a Canadian television commentator. What follows is the full text of his trenchant remarks as printed in the Congressional Record: "This Canadian thinks it is time to speak up for the Americans as the most generous and possibly the least appreciated
people on all the earth. Germany, Japan and, to a lesser extent, Britain and Italy were lifted out of the debris of war by the Americans who poured in billions of dollars and forgave other billions in debts. None of these countries is today paying even the interest on its remaining debts to the United States. When France was in danger of collapsing in 1956, it was the Americans who propped it up, and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it. When earthquakes hit distant cities, it is the United States that hurries in to help. This spring, 59 American communities were flattened
by tornadoes. Nobody helped. The Marshall Plan and the Truman Policy pumped billions of dollars into discouraged countries. Now newspapers in those countries are writing about the decadent, warmongering Americans. I'd like to see just one of those countries that is gloating over the
erosion of the United States dollar build its own airplane. Does any other country in the world have a plane to equal the Boeing Jumbo Jet, the Lockheed Tri-Star, or the Douglas DC10? If so, why don't they fly them? Why do all the International lines except Russia fly American Planes? Why does no other land on earth even consider putting a man or
woman on the moon? You talk about Japanese technocracy, and you get radios. You talk about German technocracy, and you get automobiles. You talk about American technocracy, and you find men on the moon - not once, but several times - and safely home again. You talk about scandals, and the Americans put theirs right in the store window for
everybody to look at . Even their draft-dodgers are not pursued and hounded. They are here on our streets, and most of them, unless they are breaking Canadian laws, are getting American dollars from ma and pa at home to spend here. When the railways of France, Germany and India were
breaking down through age, it was the Americans who rebuilt them. When the Pennsylvania Railroad and the New York Central went broke, nobody loaned them an old caboose. Both are still broke. I can name you 5000 times when the Americans raced to the help of other people in trouble.
Can you name me even one time when someone else raced to the Americans in trouble? I don't think there was outside help even during the San Francisco earthquake. Ourneighbors have faced it alone, and I'm one Canadian who is damned tired of hearing them get kicked around. They will come out of this thing with their flag high. And when they do, they
are entitled to thumb their nose at the lands that are gloating over their present troubles. I hope Canada is not one of those." Stand proud, America! Wear it proudly!!

This is one of the best editorials that I
have ever read regarding the United States. It is nice that one man realizes it. I only wish that the
rest of the world would realize it. We are always blamed for everything, and never even get a thank you for the things we do. I would hope that each of you would send this to as many people as you can and emphasize that they should send it to as many of their friends until this letter is sent to every person on the web. I am just a single
American.



To: E.H.F. who wrote (93039)9/13/2001 5:36:27 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
E.H.F.
When the market opens Monday, Tuesday's events will be old news. Cooler heads will be trading and the emotions of today will be under control. The emotions aren't going to go away. The economy will continue to function. This is a huge tragic event, but this country will not grind to a halt. It will return to normal with a few more battle scars just as it has in the past.

Stop and think about traders for a second. Stocks don't lose value due to shorting. They lose value because the company is having problems for whatever reason. Buyers lose interest in buying the company stock because of the company's problems, and owners start selling the stock because of the problems.

Traders just join the sellers who own the stock without owning the stock. Unlike the owners who are selling, the shorts have to buy the stock at a future date. When they buy the stock, it slows the stock's price decline. Shorts also turn into longs when they think the price has bottomed.

Traders just have the guts to play the market long and short. The rest of us are convinced that holding stock long term is the best strategy. Unfortunately, economic history is on the trader's side.

If you have ever sold covered calls, or purchased puts in the option market, you have also been a short. Many people don't realize that.

So, let's hope the shorts are closing their positions out Monday. Let's hope the shorts are closing their positions because this is the bottom and things just can't get any worse.

For the rest of us, it is best to continue holding our long term positions.
NW