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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (33965)	10/26/2001 11:30:36 AM
From: E.J. Neitz Jr	Read Replies (1) \| Respond to of 53068

Sue, who knows. Maybe we will be like Japan. 17 year slide with lots of good rebounds that sucked in more side-lined money because interest rates went so low there...in Japan rates kept declining..no place to put money....so the Japenese put more in stocks---got hit again...more loss of wealth....eventually rates went to 1/2 of 1% and their stock market is now lowest in 17 years...massive destruction of wealth..now they are putting money in banks with no interest, just to see no loss of principal.....could that be US? Lowering interest rates here...no other place to go--for us---sound familiar. Who knows...the Japanese had some very very smart market people and they never saw it.....during 17 years....wow---they were one of the financial powerhouses in the world...now a basket-case. Throw in Terrorists. Just heard that US confirmed Bin Laden has nuclear material he secured from Pakistan. Not sure if he has means to deliver--but bet he has it or is close...lot of ex-Soviets that have expertise and they need the work and he has the money. Bin Laden takes out Detroit...or Seattle...or Winston-Salem...I mean the city--not a couple of buildings...and we can kiss the stock market good-by. Bringing a suite-case nuke across the unprotected dirt roads from Quebec into Maine is a possibility and not difficult. So......who knows.....let the "party-goers" do as Merrill Lynch says "Invest for the Long-term". Sorry, depressing...and got on a roll. And who knows--maybe none of this happens and the Dow will be at 30,000 next March! My point--consider all alternatives--and possibilities--and based on that either be aggressive or slow-going. Think the general picture changed September 11th, despite the recent market move.