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To: Lane3 who wrote (2382)9/16/2001 2:58:42 AM
From: Poet  Respond to of 51711
 
Karen,

I just can't do this.

I think we should all make the decisions we can live with in the long term and be nonjudgmental about each other's actions during this very stressful and sad time.



To: Lane3 who wrote (2382)9/16/2001 4:32:03 AM
From: bonnuss_in_austin  Read Replies (1) | Respond to of 51711
 
Karen:

Your nitpicking of posters on this board who have better understanding of how the markets really work through personal experience wears very thin, particularly under your guise of 'facts only' objectivity.

Suboptimization? Are you kidding me?

<<<<OTOH, I have a real problem with any form of suboptimization--enhancing one's own position at the expense of
the community. In wartime, that means selling state secrets, profiteering, watering down supplies to the military,
hoarding jet fuel, and the like. In that context, I would not be able to short the market on Monday and look myself
in the mirror. A crashing market gives aid and comfort to the enemy.>>

If you want to risk your own money in some sort of ridiculous, if you ask me, remotely anonymous gesture that you consider patriotic as 'revenge' on 'the enemy,' you're a fool.

With or without you, the institutions that run the markets will certainly short the market.

You own any mutual funds, Karen? Perhaps some of the more than 10,000 that operate here in the good old U.S.A? Those MMs (mutual fund managers, in this case -- MM also is acronym for on-floor market movers) had damned well better short to protect YOUR money, Karen. Hopefully, those paid guardians of our money starting shorting 18 months ago when the Nasdaq peaked @ 5000.

Few did, as I'm sure you're aware.

And, yes -- you want an answer?

This market will go down -- with or without your patriotic gesture of 'holding long' to spite someone else, which in this case, seems to be your images of children wearing tee shirts with U.S. logos halfway around this globe celebrating terrorist powers -- as the fund managers, the brokerages and hedge funds short the dismal fundamentals that were already in place before Tuesday's effective, I'm thinking at this point, attack on U.S. financial power.

Please examine your objectivity here. You're very good at that, I know. Investing is one place where stripping out emotions is critical. If I've learned nothing else in the past five years doing it, it's that. Get all emotions out of your thinking about investing.



To: Lane3 who wrote (2382)9/16/2001 9:01:40 AM
From: briskit  Read Replies (1) | Respond to of 51711
 
Similar discussion on Stock Attack thread. This link in somewhere in the middle of it, I think.

Message 16358887

This link is from the post and is a " patriotic buy" article from CBS Marketwatch cbs.marketwatch.com