Re: [CANSLIM] 9/11 anniversary

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] 9/11 anniversary
Date: Sat, 31 Aug 2002 07:41:10 -0400

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Mike,

Hard to say what "M" will do, just have to wait and see. But since the '87
crash, the media has done a pretty good job reminding us of it every year
since, and that has some affect on investor's psyche. The horror of 9/11 is
still pretty fresh, and the fear of more terrorism, domestic or foreign, has
been with many / most people since then.

The Oklahoma City bombing clearly was domestic terrorism, yet the media does
not focus on it. The anthrax attacks last year, in my opinion, were
domestic, and lately seem to be getting more press again. The media has to
sell stories, and these headlines grab attention. Normally volume would pick
up starting next week, I suspect it may stay low until after 9/11 this year.

Because of my two stop orders executed last week, I am sitting on a pile of
cash. I intend to search this weekend for something to buy, and if I find
it, I will not be prevented by fear of another terrorist attack. I think the
chance of another attack is low, but it has no bearing on my investing, I
will not sit on my hands and be helpless because of fear of unknown
foreigners, or even US citizens, that have never met me yet hate me or what
I represent.


- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Friday, August 30, 2002 12:53 PM
Subject: [CANSLIM] 9/11 anniversary


All,

What are your thoughts on how the market will react on the anniversary of
9/11?   Is anyone planning on selling all positions and going to cash
before this day?  I'm wondering if M will give us a jolt around that date.

Have a great holiday weekend

Mike

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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