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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (42229)	9/20/2001 7:05:57 AM
From: horsegirl48	Read Replies (2) \| Respond to of 65232

thats the problem of living in the country, not all folks find the antics of animals funny. My last neighbor drove around the area with a coyote head on his pick up and was determined to kill all animals in the area. One day I was in the pasture and found maybe 100 doves dead, another day 2 coyotes, and he had a real passion for killing raccoons and throwing them on my property. One day I couldnt take it anymore and I went to see him as scared as I was, I asked him why r you doing this and then throwing them on my property? His answer suprised me, he said before you and all the others moved in this area, was where the foxes lived, in your barn that you took apart to make homes for your horses was a den of foxes. I am killing these animals and throwing them on your property to give food to the foxes. I felt bad then and didnt hate him so much, but still wished he didnt have to do it, I would have feed the foxes!! Im doing well, watching all this go on, thank-ful to be alive and that I have a roof over my head.

To: RR who wrote (42229)	9/20/2001 7:50:40 PM
From: stockman_scott	Respond to of 65232

I'll bet Bin Laden and his buddies were dreaming of having this kind of impact on 'the powerful U.S. economy'... Prudential's Smith Cuts S&P 2001 Target to 950 Thursday September 20, 3:31 pm Eastern Time NEW YORK, Sept 20 (Reuters) -- Prudential Financial's chief investment strategist Greg Smith on Thursday said he has cut his year-end target for the Standard & Poor's 500 Index (^SPX - news) to 950 because last week's attacks have pushed the world economy into a recession. Smith had an S&P 500 target of about 1,200 before the attacks that leveled the World Trade Center in New York's financial district, he said. Now he predicts the S&P will reach that level by year-end 2002. ``The world economy was (already) showing some signs of weakening before the September 11th tragedy,'' Smith said. Following the tragedy, ``we'll have a lot of profit disappointments. We're not likely to rebound from this by year end,'' he said. Smith was among the most bearish of Wall Street strategists at the beginning of 2001 with a year-end target of 1,450. A recovery in the equity markets is possible by spring, provided Washington policymakers continue to pursue their already promising monetary and fiscal response to the attacks, Smith said. ``What they've started to do on interest rates is encouraging, but they have to do more,'' he said. The U.S. Federal Reserve Bank on Monday cut interest rates for an eighth time this year by half a percentage point to 3 percent. ``The fiscal policy side is probably going to have to increase sharply, and if it does,'' then stocks are likely to rebound by spring in anticipation of an economic recovery six to twelve months later, Smith said. Last week's tragic events may actually prove to have shortened the duration of a recession that already loomed. ``We're getting bipartisan support for some spending incentives and further tax cuts (and that) certainly wouldn't have happened without some event,'' he said. ``We might not have gotten it otherwise, and that might have made things worse longer.'' The S&P 500 index has fallen 101.04 points, or 9.2 percent, to 991.50 since the markets resumed trading on Monday.