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To: John Mansfield who wrote (25745)	1/9/1999 7:59:00 PM
From: long-gone	Respond to of 116762

John, I think everyone should look into this Martial Law thing a little closer. Wall Street invests in companies because "They can show a profit". How much profit can they show if under what remains of the J.I.T. world can not operate as deliveries can not be made and workers can not go or come from work at late hours. How many people will eat out or shop (or even be able to get Pizza delivery) if travel is restricted? Much of U.S. business operates at a profit due to only freedom - the freedom to move, travel, transport, without restrictions. We have been told again & again "This is a consumer driven economy" & "As long as the consumer can buy, everything will be great" What would happen to the GDP if no one could go out after dark for 1-5 nights? Short the stock of the fancy restaurants? Could this end the Wall Street love affair with Bill? Just what happens if the consummer can not consume???

To: John Mansfield who wrote (25745)	1/9/1999 9:29:00 PM
From: William Peavey	Read Replies (1) \| Respond to of 116762

Re: the martial law. I purchased a Beretta 9 mm, used, in a pawn shop in South Carolina this afternoon and must wait a few days to take delivery. Brady Bill stuff. I (must) take delivery in North Carolina, my new domicile, at a partnering gun shop. It comes with two 15 round clips, but was told that these clips are no longer available new, because only smaller clips may now be legally manufactured. But I could have purchased a rifle or a shotgun, paid and carried it out the door. There seem to be no restrictions on ammunition purchases, either. I bring this up, because I remember Howard Ruff saying long ago, if one guy has a gun and the other has only gold, the first guy is probably going to wind up possessing both. I hope all the loyal perusers of this thread took the time to read John Mansfield's link on martial law worldnetdaily.com If Americans even get a whiff of martial law, the panic and anger would have to throw the stock market into a "death spiral". Unfortunately, I also fear that people won't be rushing into gold stocks, but will be selling them as well. Now Hutch, the Loyal Opposition, tries to distill all market truths quantitatively. I take a much more simplistic view: for the majority of private US citizens in the market, it's just fear and greed, Baby. Only the Money Managers who have to sell their investment decisions to clients knock themselves out with this extreme bean counting number crunching crap. Right now, greed rules. But as soon as Y2K sinks in to the brains of the TV-sedated masses, and talk of martial law just might get their attention, the reason for the martial law will become a self-fulfilling prophecy and then, FEAR and PANIC will rule. As James Dale Davidson said in Strategic Investment the month prior to the July 98 decline, sell all your stocks. Get OUT of the market. he said it with such conviction that I did, and in a particularly timely fashion. Naturally, I couldn't bear to miss out on all the fun, so I got back in in October. However, I expect to clear out of the intangibles markets before mid- year, even my internut stocks. Coins and dollar bills, and I guess my Beretta, will have to do it. Having announced all this, can one of you point me toward some concise education on long term LEAP puts on the S&P 500? I begin to think that might be my last gamble. Bill Peavey