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To: westpacific who wrote (85045)3/2/2003 9:26:56 PM
From: Jorj X Mckie  Respond to of 208838
 
I bet that triggers one hell of a bear market.

Short the sun



To: westpacific who wrote (85045)3/2/2003 9:39:16 PM
From: Frederick Langford  Respond to of 208838
 
Oh, how nice.
Another thing to worry about, YUKKKKKKKKKK

Fred
getting an aspirin <g>



To: westpacific who wrote (85045)3/2/2003 9:40:01 PM
From: Frederick Langford  Read Replies (1) | Respond to of 208838
 
and then there is this:

>>We may wish we had some extra goodwill stored up on
Monday when we get the ISM report along with the Personal
Income/Spending report. The New York version of the ISM
was released on Friday and it took a serious hit from
January levels. After showing signs of a recovery in
January the numbers dropped to just barely above the
Jan-2002 levels when the city was still digging out from
the 9/11 attack. The -3.1% drop in the index was led
by current conditions which fell from 51.9 to 34.5 and
non-manufacturing conditions which fell from 51.5 to
33.0. Finished goods fell to 37 from 50. This is not
a positive sign and could be a leading indicator for
the national ISM on Monday. The ISM will be followed
on Wednesday by the Beige Book, Thursday the Factory
Orders and Productivity and on Friday by the Nonfarm
Payrolls.

ICI made it official this week. Equity mutual funds
saw outflows of $466 million in January. This was the
first time since 1990 that January had a negative cash
flow. January is a strong retirement contribution month
and normally sees inflows in the $7-$10 billion range.
Several other fund flow companies had speculated on
this over the last few weeks but ICI is the recognized
authority. With brokers like Charles Schwab, Ameritrade,
Goldman Sachs and Merrill Lynch laying off brokers in
waves it does not take a call to Miss Cleo to know that
trading volume has shrunk to very low levels. Many
investors have simply given up on the market. This
disgust also shows in the lack of conviction we have
been seeing. Many will not be back when the market
recovers because they have used the money for other
investments like real estate.<<<

From OptionInvestor.com

Fred



To: westpacific who wrote (85045)3/3/2003 1:11:32 AM
From: Techplayer  Respond to of 208838
 
snopes.com

Claim: Scientists are predicting that the sun will explode in less than six years.
Status: False.

Example: [Weekly World News, 2002]

The Sun is overheating and will soon blow up . . . taking Earth and the rest of the solar system with it, scientists warn.
The alert was issued after an international satellite photographed a massive explosion on the surface of the Sun that sent a plume of fire 30 times longer than the diameter of Earth blasting into space.

"It's a sign that the Sun is ready to blow . . . I don't know if I can put it any more plainly than that," says Dutch astrophysicist Dr. Piers Van der Meer, a top expert affiliated with the European Space Agency.

"It will be like a nuclear bomb trillions of times more powerful than the one dropped on Hiroshima going off at the center of our solar system.

"When that happens Earth will be instantly incinerated along with all life on it. It's like when a marshmallow falls into a fire, blackens and melts."

[. . .]



Origins: All one need know about this article is that it originated with the Weekly World News, an entertainment tabloid with its tongue firmly embedded in its cheek to a depth not measurable by any instrument known to man. Unfortunately Yahoo!, a primary news source for many people on the Internet, reprints some Weekly World News articles in their TV News section under a heading of "Entertainment News & Gossip," a title that doesn't convey a strong "bogus" warning to readers who don't notice the original source is the Weekly World News (or don't know what the Weekly World News is). So, after Yahoo! picked up this alarming WWN article about scientists' predicting that the sun would blow up within six years, it was forwarded on and circulated by people who knew only that it came from a "real news source." (For the record, although the European Space Agency is a real and respected scientific organization, no "Dr. Piers Van der Meer" turns up as anyone who has ever had his name attached to a scientific journal article about astronomy, astrophysics, or planetary science, a rather odd circumstance for someone claimed to be "a top expert affiliated with the European Space Agency.")

Over the years, plots by scientists to deliberately blow up the moon with an eye towards stabilizing the Earth's climate have been a recurring theme in Weekly World News articles. Oddly enough, the original "let's blow up the moon" article from 1991 wasn't a goofy idea made up out of whole cloth by a Weekly World News writer; it was a scheme proposed by the late Dr. Alexander Abian, a mathematics professor at Iowa State University who was also well known as a bona fide USENET kook to the regular participants in the sci.astro and sci.physics newsgroups.

In April 2002, the Weekly World News ran a story about a new plan to "blow the moon to smithereens" for the sake of creating a "temperate climate all around the globe," this one supposedly advanced by "five top Russian scientists." As the Weekly World News subsequently reported, the group that issued the loudest howls of protest over the Russian scheme was, predictably, werewolves.

Last updated: 10 October 2002