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

To: Ramsey Su who wrote (9528)	9/16/2001 9:56:24 PM
From: Bob Duncan	Respond to of 74559

Rmasey, I agree 100%, the CNBC hype machine is in full drive. I wish one analyst would have the balls to say things do not look good in Asia or Europe. Period. End of story. The hype worries me that we may open flat, and close down 8% by day end, meaning all the "patriots" will buy stocks that are worth 8% less by the end of the day. It is all quite sad. I am selling my long positions for now AM if we are propped up.

To: Ramsey Su who wrote (9528)	9/16/2001 10:12:44 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Ramsey, We get CNBC in all its glory, Asian edition during our day, European edition in late afternoon and early evening, followed by the US edition starting with Squawk Box with Joe, my favorite comedian. I really do like his jokes and the fact that he does not take it all the BS too seriously. Defcon 5 at the terminal tonight, and possibly all night (your day). If the US market does not go down today I will short the frivolous stuff (credit insurers), because if the politicians continue to believe they can hold matters together with spin, they must be woken up, rudely, decisively, and in a sustained manner. If the US market does drop 15+%, I will buy something hedonistic, because life goes on, beers are sold, cigarettes will be popular again. If the market stays honest and does what I have planned, I will then stay clear of it. Chugs, Jay