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Gold/Mining/Energy : Swing Trading Toronto Stock Exchange Listed Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (803)	9/18/2001 3:10:43 PM
From: 1st.mate	Read Replies (1) \| Respond to of 2773

Would you provide a link! Matey

To: Canuck Dave who wrote (803)	9/18/2001 3:20:19 PM
From: Vitalsigns	Read Replies (2) \| Respond to of 2773

You guys notice the 30 year bond rates today? Stocks and bonds both down means the US 'safe haven' reputation may be cracking. The whole financial system is getting strained by all the easy credit. Anyone worried enough to have offshore accounts? Not all Stocks are down, But the Big Caps that carry the heaviest weighting on the indexes are still prone to more selling . MSFT to $40 was 60 , INTC to low $20's(almost there) was 30 , GE to low 30's was 40 . Until they bottom the indexes themselves will have a hard time making a bottom. This will be a sector rotation markets for the next while, money will come out of Bonds and into the market , but not in a broad based kind of way. It will be sector specific and concnetrated. They are also selling the Long Bond and buying the short 2 year maturity as a way to park cash until a real buying opportunity arrises. Whenever you get a governement that creates as much money as the US has over the last week , (over $200 billion ) it is not good for Bonds, if ever the economy takes hold then inflation will rocket but for now that risk is diminished as long as the airlines future is at risk and people are scared to travel. That in itself is very deflationary as it impacts everything from Gasoline to Real Estate. Heres how it goes, we all know that airlines depend on corporations for the bulk of their revenue streams. Ceo's will not want to fly around the country as much as before due to the terrorists acts of last week and the possibility of more. The Ceo's will also not want to endanger his employees and will curtail travel. The Employee is likely to now want to travel as much as well. The repercussions of this, Hotel bookings are plummeting , and prices will drop on Airllines and Hotel rooms to try and entice them to come. Restaurants will also feel the pinch because people who stay at hotels need to eat somewhere and hotel food is not always the greatest and is expensive. Car rentals will decline and prices will also drop and better deals offered to attract clients. If their is less travel , there is less demand for fuel , prices stabilize or fall. Next comes the Layoffs of Airline personnel, hotel staff , rental companies that add to the already layed off Manufacturing sector. If your layed off , your not buying a house, you may be a seller to pay off bills, again more pressure on real estate as there are more sellers than buyers. This goes on and on. The one bright spot is Technology , Teleconferencing will be high on the list of many corporations as it is cheaper, safer, and more effiecient way of doing business. The Companies did not embrasse the technology as much before because their was no immediate need to do so and it was still grainy and slow. Now that Safety is the main concern , the headaches caused by Teleconferencing will pale in conparison to a possibiliy of a loss of life. Technology has been a very huge cause of deflation since the mid 80's and it now appers that it is accelarating faster than the government can print money. Sectors to benefit, Data storage, Fuel Cell and alternative energy, Defence equipment , Wireless equipment, Satelite equipent, security equipment and softwarte, Rural real estate, you get the idea. As for opening an offshore account, I don;t see things in quite that dire of concequences at this time.