Stock market

[aclu14]

I quote from the opinions section of the New York Post:
I believe that if every American with the means to do so puts a few dollars into the market when it opens, we could see one of the best days in Wall Street history. How would the terrorists feel if, instead of collapsing as they expect, markets rallied? If the Dow went up 1,000 points in one day, it would be a poke in their eyes, a laugh in their face, a vote of confidence in America and the American economy.
I say, vote for America by putting your money into its financial and industrial core. Buy some stock in America and for America. At a time like this, it is an investment that might pay special rewards.

I totally agree with this. I told my dad to buy some stock tomorrow. This should be like what people did during WWII with the war bonds.

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[Idnew]

Yes I agree with this also and wish I could. Buy the cheapest if necessary just to buy. Heard one of the people that works at the NY stock exchange say on CNN that was exactly what he was going to do.

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[Neppy]

Spark up that economy! That's exactly what's needed. Keep the tickers ticking and the money going 'round.

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[aclu14]

Darn it. The Dow plummeted 300 points. *sigh*
*ouch* I have a stock ticker on my AIM and everything went down. This time last year Sony Corp was 87 points; now it's 37.

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[Serendipity]

Hey, the London Stock Exchange was happy, not that the Dow went down (I think it was 700 points down at the end of trading), but that it didn't collapse altogether. There's gonna be a recession, but that was probably going to happen anyway. Events have just speeded up the process. I gather Japan was quite happy too.

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[CBranski]

Well, the Dow dropped by 685 today, and I fear what tommorrow will be like. Congress and President Bush are now discussing ways to bail out the airline industry, which was tanking before this even happened.

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Jennifer Lopez for Mayor

[aclu14]

Well now would be a good time for buying because prices are so low. *sigh*

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God may have mercy on the terrorists, but we won't. --Sen. John McCain

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[cleoeo]

The trick was not to tell investors to buy, but to tell stock holders not to sell. The New York Stock Exchange had its busiest trading day ever, so there was no lack of buyers.

[Serendipity]

Boeing has just announced what was it, 20,000 staff to be laid off? Virgin Atlantic is shedding thousands too, so airline stock is not the stuff to invest in right now. Richard Branson, head of Virgin Atlantic, blamed increased fuel costs, increased security costs, just increased costs all round. The WTC attack has merely served as a catalyst. Insurance companies are gonna feel the pinch too. Watch out for an increase in motor insuance premiums, that's where such things usually get passed to.

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[aclu14]

Aaagghhh.

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God may have mercy on the terrorists, but we won't. --Sen. John McCain

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[Serendipity]

And to add to the happy news http://www.dumblaws.com/ubb/rolleyes.gif American Airlines is shedding 20,000 staff.

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[Idnew]

Will we've always survived and we'll survive this also. Won't be the first or the last recession I'm afraid. http://www.dumblaws.com/ubb/frown.gif

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[Serendipity]

An intersting question has been raised in the UK press: Insurance companies are in the sh*t at the moment, the WTC attack is going to send a few share prices tumbling. Ah, but Pres. Bush has said that the WTC attack was an act of war, and insurance claims don't count against acts of war. Bush should choose his words carefully, billions of $$$ are at stake.

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[cleoeo]

The insurance companies will pay their obligations; that's the nature of business. That is not money lost to the World economy but simply a redistribution of wealth.
The loss of the building(s) and future earnings don't really matter. The loss of 5,000 skilled and compassionate people, and the loss of a Nation's ideals are what matters.

I wish the entire country realized what some people here do. Americans are reacting to this just as Bin Laden had hoped. It's bad enough that last Tuesday's disaster was done with American hardware, now he's having an effect on us. He took control of our airplanes, now we've allowed him into our heads. The reason the economy is in trouble now is that we "free" Americans are afraid to travel within our own country. Does that sound like a country of free people? Not to me. As we deal with what happened last Tuesday, WE are creating another problem for ourselves. We need to do business as we did before, because that is a great source of our strength. This will weaken the country more than any attack ever could. Bin Laden has successfully blindsided the American military, government, economy, and people in one morning. And the biggest weapon used was a box cutter. We should be embarrassed and angry and thumb our noses at him by getting on airplanes and live as free people live. I have stock, even some in Boeing, and I am not selling. I have plans to fly to Disney with my family in November and I am going. I will not fear anyone in my own back yard. So many people died for the freedom we have today, we must keep it alive and well. Like it says on New Hampshire license plates--Live Free or Die. I always liked New Hampshire.

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[This message has been edited by Disconnected (edited September 20, 2001).]

[aclu14]

Welcome, Disconnected. And very well said. What kind of free country is this now when I can't even go to bed and feel safe? I mean, that's the worst time for me now. I get so anxious I can't sleep, and then I'm dead tired in the morning. Amnesty!!!

[paulgro]

This country is more secure now then it ever has been. No reason to fear......

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[aclu14]

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