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Strategies & Market Trends : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (982)7/19/2002 11:09:13 AM
From: GROUND ZERO™  Respond to of 1750
 
On December 5, 1996, Alan Greenspan delivered a speech to a Senate Hearing on the state of the U.S. economy and cautioned U.S. investors about irrational exuberance... on that day, the DOW was trading at 6431.37 which is still about 2000 points lower than where it is today.....

GZ



To: Rich1 who wrote (982)7/20/2002 1:39:59 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 1750
 
THE CRASH OF 2002...

money.cnn.com

GZ



To: Rich1 who wrote (982)7/20/2002 2:18:08 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 1750
 
Kmart Hires Arthur Andersen

Chicago (CNN) — Ailing retail giant Kmart today announced it would not have to declare bankruptcy after an audit conducted by its newly hired accounting firm, Arthur Andersen, found no records of company finances whatsoever.

"Our previous accounting firm told us we lost $224 million in the fiscal third quarter, but Andersen has informed us that, at least on paper, we didn't have a fiscal third quarter," said CEO Charles Conaway. "What a difference proper accounting makes."

Andersen executives did not return several messages. A company attorney later explained his clients were only allowed one phone call, and they had already made it.


GZ



To: Rich1 who wrote (982)7/20/2002 2:19:04 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 1750
 
Bin Laden Hit Hard By News Of His Death

Washington, D.C (CNN) — News this week from the FBI's top official for counterterrorism that Osama bin Laden was "probably not with us anymore" has shaken the al Qaeda leader, who had spent the past 10 months believing he was alive.

The late bin Laden however, urged his followers not to jump to conclusions. "The Americans are known for spreading false information to throw us off guard," he said. "This could be another one of their tricks."

Despite that skepticism, however, word of his demise spread quickly through the secret caves along the Afghanistan-Pakistan border, where the terrorist mastermind has been hiding since dying in Tora Bora in October. While many were surprised and saddened by the revelation, some top aides were angry at their chief for keeping them out of the loop.

"You said you only had a shrapnel wound in the shoulder, and we believed you," said confidante Masir Mousawi. "Now I guess we know the real reason you haven't made a videotape lately."

Other followers were attempting to decide who should take over as leader, and what direction the terrorist network should go in. "I did not have a chance to speak with Osama until after he died," said al Qaeda official Abdul Atwar. "But we have to ask ourselves, what would he have wanted us to do?"

Bin Laden's continual pleas of "You could ask me," fell on deaf ears.


GZ



To: Rich1 who wrote (982)7/22/2002 9:27:57 AM
From: Chip McVickar  Read Replies (1) | Respond to of 1750
 
GZ's market intuition is rarely worth trading against....!

To underestimate his read on market direction is like standing in the back side of the first curve of the Indy 500 track. Your flattened before they hit the staight-away.

Next question is how "right" is GZ....