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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (9020)	9/13/2001 7:09:15 PM
From: Ilaine	Read Replies (2) \| Respond to of 74559

I just reassured them. No idea what the prof was in, that's one of those personal questions that I don't care to ask, besides which, I think I'd think he was even more ..... um ..... unworldly. Good point about the indexes, but the economy really did turn around in 1933, just had a long way to go. I don't think the railroad and utility stocks ever came back to where they were.

To: Monty Lenard who wrote (9020)	9/13/2001 7:12:43 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 74559

JFK and Newark airports shut down, Capitol evacuated...new bomb threat: cnn.com Also, a local report (I heard on the radio, KFNN in Phoenix at about noon), stated that on 09/04, an Arabic-appearing gentlemen's cadillac broke down in Holbrook, AZ late in the afternoon. Apparently had an alternator problem. When he was told it couldn't be fixed 'till the next day, he desparately implored the mechanic to get the part and fix it immediately, because "he had to be in Virginia by Saturday". What was really interesting was that he also claimed to have locked the keys in the trunk, and they had to jimmy it open. As they did this, the gentlemen refused to let anyone get a glimpse of what was in the trunk, going out of his way to keep the door down while he reached in with one arm to retrieve the keys. He also paid cash for the repairs. After the WTC incident, the owner of the shop called the FBI. They were aware of the gentleman and apparently already had an active file on him. Q: So what was in the trunk? Suitcase nuke? Plastique? A case of anthrax spores? AK-47's? I don't think these guys are finished. I think we see a follow on attack in the next 7-10 days, max.

To: Monty Lenard who wrote (9020)	9/14/2001 5:08:36 AM
From: LLCF	Read Replies (2) \| Respond to of 74559

<I will say this. One good thing that may come out of this market downturn will be that we may find that what is truly meaningful in life is not the MARKET. I am sure that the '29 fiasco had the same impact.> Well said, part of the problem today is the market has become TOO meaningful. What many of these 'long term' folks looking at the 30's forget is that for most [back then anyway, perhaps today as well] there was no "hold" when they had no job, just liquidate. They also forget that just because something happened in the past has nothing to do with the future, there is NO PROOF that long term holders of "equity" [as you pointed out, whatever that means] will outperform other asset classes... and that theory dwindles when your talking about folks 'our' age. :) DAK Also, "Classics" is a fabulous book gleaning articles by many of the great investors and thinkers on the topic of investing: amazon.com