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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (23168)	9/5/2002 7:02:40 PM
From: carranza2	Read Replies (1) \| Respond to of 74559

Per American at 300 million [throw in a few Kiwis] = $30 each. A piffling amount. The event was trivial in the grand scheme of things. Maurice, this is not the way to look at it. Factor in the costs of having no air travel for a couple of weeks, the airlines' near bankruptcies, the cost of their bailout, the costs to business and individuals of the hugely increased insurance premiums, the stock market slump when it re-opened, the costs of increased military alertness, etc., etc. We went from a budget surplus to a deficit, mostly due to 9/11.

To: Maurice Winn who wrote (23168)	9/5/2002 11:36:59 PM
From: LLCF	Respond to of 74559

<Per American at 300 million [throw in a few Kiwis] = $30 each. A piffling amount. The event was trivial in the grand scheme of things. > Exactly... the economy is imploding of it's own weight... of course with all the hot air AG put under it, that wasn't surprising. DAK

To: Maurice Winn who wrote (23168)	9/6/2002 12:17:03 AM
From: pezz	Respond to of 74559

<<Meanwhile, another day, another decline ... I'll have to play the hero and borrow and buy if this keeps going on. Ah, noble me>> With all due respect Mauirce . To risk everything because you believe you can not be wrong is not noble but simply a display of ego.... Before you resort to such a reckless fighting of the tape you might want to read the story of Long term Capital management. " When Genius failed" Nobel prize winning economists and mathematicians who were in the final analysis humbled by the markets.They learned the hard way something that Globestar should have taught you....Nuff said, good luck ,you may need it.