SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: rudedog who wrote (167004)9/14/2001 11:28:07 PM
From: John Koligman  Respond to of 176388
 
Well good luck to you Rudedog. Personally I've said many times that I switch to 'sitting out' or daytrading around earnings season. I have been daytrading Dell/INTC with excellent results lately, and I'll be watching the open closely. Market could very well have a 'patriotic rally', but if this economy has now been tipped into recession the odds are not with you in the short run. In either case, I expect volatility, which should be good for hit and run trading.

Regards,
John



To: rudedog who wrote (167004)9/15/2001 3:37:36 AM
From: stockman_scott  Respond to of 176388
 
Light a candle against terrorism...

lightacandle.sol.dk

Regards,

Scott



To: rudedog who wrote (167004)9/15/2001 9:23:47 AM
From: stockman_scott  Read Replies (2) | Respond to of 176388
 
Why Was There No Warning?...

The Washington Post

Saturday, September 15, 2001; Page A26

THIS COUNTRY spends tens of billions of dollars a year on intelligence activity. The Justice Department, in addition, spends $23 billion to enforce the law. Given the size and technical capabilities of these agencies, how could they not have had even an inkling of the attacks that took place this week?

The scattered details that have emerged about the plot put this failure in stark relief: More than 50 people were likely involved, Justice Department officials have said, and the plot required extensive communications and planning to pull off. The group's size -- not to mention the complexity of its endeavor -- should have offered many opportunities for intelligence infiltration. Yet the conspirators proceeded unmolested. What is striking is how safe these people apparently felt, how unthreatened by law enforcement. Some of the terrorists were here for long periods. They left and entered the country unimpeded. Some were reportedly on the so-called "watch list," a government catalogue of people who ostensibly are not permitted to enter the country. Yet this apparently caused them no problems. The evening before the attack, some people reportedly boasted at a strip joint in Florida of the "bloodshed" America would suffer "tomorrow."

Since the attacks, law enforcement has been able quickly to tie many of the hijackers to terrorist groups. One, for example, came over from Hamburg, where German police say he regularly met with large groups of people planning spectacular attacks on American targets. The very speed with which such information has been gathered only begs the question of how much of it was knowable before.

How could an act of such monstrous flamboyance not have been prevented? Already, people are suggesting that the proper response is to roll back civil liberties to allow greater monitoring of possible domestic threats. That is entirely premature. Freedom and openness are features that define us -- what we are fighting for when we fight terrorism. In the past, attacks like the Oklahoma City bombing provoked legislative responses that were essentially unrelated to the vulnerabilities that permitted the attacks in the first place. Many of the new capabilities went unused, and the vulnerabilities remained. It may be that the FBI and the CIA need more resources, or a reallocation of the funds they have. But before Congress moves to give the law enforcement and intelligence communities new powers or new funds, it should study how well they used the tools already at their disposal.

© 2001 The Washington Post Company



To: rudedog who wrote (167004)9/15/2001 11:52:12 AM
From: John Koligman  Read Replies (1) | Respond to of 176388
 
Rudedog - Here is a nice overview of the possibilities on Monday, from Linda Bradford-Raschke, a well known trader. She thinks the $COMPX might open between 1476 and 1559, I tend to think that is a bit severe, but we will see.

Regards,
John

Linda assumes that the market will open down to an extent equivalent to foreign markets, or about 5% to 8%. That would put the Dow Jones Industrials Average ($INDU) at somewhere between 8,836 and 9,124 -- around the level of the April lows -- and the Nasdaq ($COMPX) between 1,476 and 1,559. She believes that this will not be true panic selling, however, because the emotional component of surprise is missing. Rather it will be a pragmatic reaction to the real, fundamental losses and prospective losses to property and sales, whether it’s lower buying at The Gap (GPS, news, msgs) in your neighborhood because you were glued to the television the past two days; a sharp decline in vacation travel that will crimp the airlines; or a sharp decline in retail commission revenue at stock brokerages as individuals step aside.

moneycentral.msn.com