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To: jjstingray who wrote (72280)4/27/2003 10:54:58 PM
From: nspolar  Read Replies (1) | Respond to of 209892
 
I don't recall anyone on this thread understating SARS.

One was maybe a tad undecided as to whether it was inflationary or deflationary.

Zeev stated it was a pussycat of a scourge or something like that.

Personally I think it has the potential to do a lot of damage, economically and otherwise. I don't know about the rest of you, but we (wife and I) seemingly have more and more acquaintences, friends, and family members coming under more and more economic duress. The duress ranges from immediate to future (retirement) implications, the latter because of beat down portfolios.

The daily markets are just that, daily, but LT this bear imho opinion has a long ways to go. SARS probably already is another huge negative, on top of already so many.

Strangely enough today I read that CEO pay in America is doing just fine. No problems there.

And finally up here on the slope, where I am presently at, and where technicians make excellent or better pay, folks are voicing concern as to their future, and their childrens future. Contrarian sign? Not quite yet imho.



To: jjstingray who wrote (72280)4/27/2003 11:04:44 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
This may be the impetus for our big leg down

It may also turn out to be a great long entry - at least in Asia - if the disease is contained. So far it is hard to tell. Mortality in the range of 4-5% is very high, but I suspect it might be actually much lower - because most likely there are many unreported milder cases. Most of the fatalities are older people - or people suffering from other serious ailments. But, indeed you are right - if the cat gets out of the bag, it could be scary, even if it doesn't compare to the 1918 pandemic.