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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: shadowman who wrote (17212)9/20/2001 1:56:06 PM
From: SirRealist  Read Replies (1) | Respond to of 208838
 
Yes Dennis; holding long is not an option most will take. Options expire tomorrow, so I'm wrong... no rally, just sliding down or horizontally.

The airlines, hotels and tourism, with added layoffs ahead, do not boost spending, which is necessary to reverse.

Thus, in addition to exposing a vulnerability of living in a free sociey, the enemy exposes an economic frailty as well.

And rather than bailout the airlines, the govt should be requiring safety precautions like El-Al employs before shelling out a cent. Only when consumers regain confidence in air travel can these sectors reverse. And it ain't gonna happen unless travelers are convinced it's safe.