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To: 10K a day who wrote (122344)9/16/2001 4:02:17 PM
From: Tommaso  Respond to of 436258
 
I thought all trading of US stocks was suspended in Europe. On the Frankfurt exchange, the quotes for IBM and GE are about where they closed in the US last Monday, but that's all I have checked.

Wait--maybe there's a notice somewhere on the Frankfurt site.

Trading in U.S. stocks at FWB Frankfurt Stock Exchange and in futures and options on the Dow Jones
Global Titans index at Eurex will remain closed on Thursday. This was stated by Deutsche Börse and Eurex
on Wednesday evening. Both exchanges intend to start trading depending upon the opening of U.S.
exchanges, on Friday at the earliest. Trading of these securities will begin in Germany on the morning
following the first day of trading in the U.S. thus insuring a reliable price indication based upon trading in
the U.S. markets.



To: 10K a day who wrote (122344)9/16/2001 5:19:50 PM
From: marginmike  Respond to of 436258
 
The problem is we are about to have a prolonged war effort, that will debase the dollar substantially and re-inflate. Is this good or bad? I dont know. My business(I am an Art Dealer)ceased in 1990-1991 as the Gulf war started. It didnt recover for 6 years. Why? because the consumer economy will suffer. I have put off any major purchases till I see some clarity, I have had a great year, and couldnt be in a better spot in dealing with this. Imagine about those living on the edge financially. The uncertanty is what will doom the economy in the Short term. Until it is clearer what is about to occur, the markets will be under pressure. I think also these eventys, and the overall destabilization of the world will finally give a kick to Gold and other comodities.