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To: Sully- who wrote (42232)9/20/2001 7:50:18 AM
From: Dealer  Respond to of 65232
 
I'm a bit surprised at the goings on on this thread of late. It's a shame that at a time when we need to pull together & stand united against these fanatics, we are belittling & berating what once were our closest peers in the cruelest & meanest terms.

Yes Wstera 02! I have to agree with you. It is a shame that people can not be kind to each other if only because of the national circumstances.

Hopefully that will not be the attitude that guides this board today.

As RR said good to see ya on the board. I am sorry you are in a bad way. We must be thankful that we have that which we have. I am so thankful I have my health that allows me to be able to pull out of what ever my problem might be. Yes we have a lot to be thankful for.

Have a nice day,
dealie



To: Sully- who wrote (42232)9/20/2001 8:57:59 AM
From: Jill  Read Replies (1) | Respond to of 65232
 
Tim--I don't always read everything on this thread so I don't even know what happened w/ RR a few weeks ago, but I'm glad you stood up for him. And you are not persona non grata as far as I'm concerned.

:-)

Jill



To: Sully- who wrote (42232)9/20/2001 9:34:39 AM
From: Cactus Jack  Read Replies (3) | Respond to of 65232
 
wstera,

Stick around. You've been missed.

jpgill



To: Sully- who wrote (42232)9/20/2001 4:25:56 PM
From: stockman_scott  Respond to of 65232
 
Who's Doing the Selling?

By James J. Cramer

09/20/2001 01:14 PM EDT

So if I am not selling, and you are not selling, and they
aren't selling, and the companies are buying hand over
fist and nobody is offering any new stock, when does
supply balance with demand?

I keep thinking about that issue because it is obvious that someone is selling, and
the reason why we are continuing to go down is that the selling is extraordinarily
lead-footed and indiscriminate.

Here are some theories about who is doing the selling.

1. Mutual funds that have lost key personnel and are battling redemptions. The
same mutual funds that always say they have no redemptions are all saying they
have no redemptions. I am beginning to believe that no one can tell the truth at
these places, frankly.

2. Individuals who are afraid of the Lucent (LU:NYSE
- news - commentary - research) phenomenon.
That's where you have all of your nest egg in your
company's stock and you think it could go away.
These people are diversifying into bonds. Can't
criticize them.

3. People who need money. As long as the great
'90s boom went on, nobody needed money. But we
always knew that money was there if we needed it.
People who viewed the equity market as an
extended bank are now letting stocks go to raise money because they need the
money. They are worried that they are going to lose their jobs. Given the incredible
number of layoffs announced since Sept. 11, who can blame these people?

4. Insurance companies. Insurers who may have owned equities as a percentage of
your premiums that they are investing have to pull out to meet the demands -- the
once-in-a-lifetime demands from the attack.

5. Finally, the hedge funds. Yes, the hedge funds, who are not shorting, but raising
cash in case there is another attack. They want to be able to buy, not sell. In their
world, you can't buy before you have sold. Read my Cisco/Trader's Market piece to
see how they are most likely playing this market.

Random musings: I wish Washington seemed more inspired and less worried.
But then again, I wish Winston Churchill were still alive, or Reagan were still
president.

*************by the way, Cramer is a huge Al gore supporter - for him to want Ronald Reagan is most unusual....************



To: Sully- who wrote (42232)9/22/2001 11:56:35 AM
From: RR  Respond to of 65232
 
Hi wstera_02! How's is going my Friend! Been gone a couple of days.

Hey, hope you're doing ok. I know these past days has been difficult for all of us. You are so right in saying that our problems "pale in comparison" to the thousands in New York.

Was outside a few minutes ago with Mrs. RR, just taking in the cool morning. She still has the hummingbird feeders out and she said that she still sees a few come by each day. I thought they had left by now but guess not all.

Like you said, it is so saddening with all that has happened, the market, the war... but we do still live in a free nation. It may be a long road, but the American people will prevail.

Try to have a great weekend, Tim. Good to see you on here.

RR