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To: Dale Baker who wrote (31227)9/26/2002 5:09:43 AM
From: Ray RuebRespond to of 118717
 
News doesn't matter, its quarterly Mutual Fund statements

Lots of people will bail when they see their latest losses

The only news that'll hurt or help the market is war or terrorist news. Go to war or hit a major target - take a plunge. Real peace or find Bin Laden - lets go fly.

Any financial news, short of Fed rate change, will just be used as an excuse to nudge the market in the direction it is already going.

Have a nice morning Dale, I'm going to bed.

You all be careful out there
Ray



To: Dale Baker who wrote (31227)9/26/2002 6:43:43 AM
From: JSBRead Replies (2) | Respond to of 118717
 
Too many people in the know are saying it's
another 4 to 6 quarters before the economy
recovers.

The only thing I've really paid any attention
to is announcements of lay-offs and companies
are still announcing those at an almost daily
rate.

The markets may be at 6 year lows but in terms
of earnings we still seem overvalued to me, but
then I don't know squat. <gg>

It's dangerous out there.