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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Telemarker who wrote (8287)	9/20/2001 1:30:46 PM
From: cnyndwllr	Respond to of 23153

Telemarker, I agree on the uncertainty factor. We have an unpredictable economy, unpredictable enemies in the terrorist states and individual groups, an unpredictable situation in the middle east with Israel and the Arab states and an unpredictable and unproven administration. To top it all off the most important stabilizing force in the economy today, the spending of the American consumer, is unreliable and should begin to slow and reverse. I have sold off my large cap techs that I thought were very good bets a mere 2-3 weeks ago (with the exception of emc.) I now find myself agreeing with Kodiak Bull. This is a horse of a different color and many things could delay or dampen an economic recovery. The mechanism could be higher energy prices as a result of problems in the mideast or terrorist attacks on refineries, pipelines or production facilities in the middle east or elsewhere. The mechanism could be the rapid reallocation of capital from peacetime efforts into military efforts. Who knows what or where but things are definitely in flux. I wish that I had followed your lead months ago when you suggested income producing investments. I, too, see good stock buys. The problem is, to paraphrase the kid in the Bruce Willis movie who saw dead people, "I see stock bargains everywhere, they don't know they are bargains." Ed