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Country Discussion Topics
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Yesterday's STOCK MARKET SELL-OFF....
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Cowboy Joe    Posted 09-18-2001 at 09:12:29       [Reply]  [No Email]
Did any one take advantage of discounted shares of stocks or mutual funds during yesterday's carnage?


mike    Posted 09-19-2001 at 18:30:46       [Reply]  [No Email]
It still might be to high,I bit the last time
it dropped and stock that was 100 went to 40.
They told me it had hit bottom.It's now 16.00.


Cowboy Joe    Posted 09-19-2001 at 18:59:01       [Reply]  [No Email]
That's one of the reasons I invest in a basket of mutual funds. That way I'm not committed to any one stock. Sage pundits advise investors not to devote more than 5% of assets in any one stock. That way if one stock crashes the others will balance the rest of your stock portfolio. Sorry for your losses.


walt    Posted 09-19-2001 at 17:17:11       [Reply]  [No Email]
I didnt feel morally comfortable to buy any shares. Yes, largest point drop, but didnt even make the top 10 in percentage drops.


Cowboy Joe    Posted 09-19-2001 at 19:00:11       [Reply]  [No Email]
Walt - I respect your decision.


Larry    Posted 09-18-2001 at 09:52:35       [Reply]  [Send Email]

I heard a little ditty on the radio,about the markets,the other day that was interesting. This came from the German stock exchange. It seems that somebody was selling a lot of short contracts just before the plane crashes. This person,or persons seemed to know that the markets were about to crash. Hhhhmmm,I wonder who that could be?


Burrhead    Posted 09-18-2001 at 12:01:19       [Reply]  [No Email]
I'll swannee Larry. You think maybe somebody was inside trading??????


Larry    Posted 09-18-2001 at 18:07:12       [Reply]  [Send Email]
You bet. Someone "knew" the markets were going to drop,and knew the reason why. bin Ladan will need all the money he can get his hands on if he needs to keep this kind of thing up for long.


Alvin NE WI    Posted 09-18-2001 at 19:47:59       [Reply]  [No Email]
Why does he need a lot of money? He just used our planes, our pilots, our fuel that we bought from them, our people to pay the trip and our buildings for his so called target..His people got a free ride.


IHank    Posted 09-19-2001 at 00:14:53       [Reply]  [Send Email]
Alvin- What you say is right on. But, there are lots of "ups and extras".

It costs them a pile of money to buy sanctuary from the Talbin. It costs a pile of money to keep the Packistanis somewhat friendly. It's very, very, expensive to come here and live in motels for years and go to all the flight training schools.

Yes, they did get one he11 of a bang for their bucks, but it took a pile of 'em to pull it off and will take an even bigger pile of them corn shucks to keep from meeting Mohammed soon.

This is one area of the new war that's gonna be fought behind the scenes and all over the world, with mebbie not a shot fired. IHank


Larry    Posted 09-18-2001 at 21:12:02       [Reply]  [Send Email]
We'er on to him and his goof balls now. After we round up all the rats here,we will most likely go over there and burn the nest out. After seeing what they have for weapons over there bin Laden might have to go to the store for more bullets.


Larry    Posted 09-18-2001 at 09:52:03       [Reply]  [Send Email]

I heard a little ditty on the radio,about the markets,the other day that was interesting. This came from the German stock exchange. It seems that somebody was selling a lot of short contracts just before the plane crashes. This person,or persons seemed to know that the markets were about to crash. Hhhhmmm,I wonder who that could be.


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