[Rhodes22-list] WAR and stocks

Rik Sandberg sanderico@earthlink.net
Tue, 28 Jan 2003 19:37:19 -0600


Anne,

Oh yeah, don't ya just hate when that happens?? We've had a few of those 
too!! One does have to learn to work a little differently in a bear market.

Rik


At 07:07 PM 1/28/2003 -0600, you wrote:
>Wellll, in answer to your last rhetorical question....seems I
>do it too regularly!
>Anne
>
>
>
>----- Original Message -----
>From: "Rik Sandberg" <sanderico@earthlink.net>
>To: "The Rhodes 22 mail list" <rhodes22-list@rhodes22.org>
>Sent: Tuesday, January 28, 2003 5:28 PM
>Subject: Re: [Rhodes22-list] WAR
>
>
> > Slim,
> >
> > The profits that are made by a few companies don't have a whole lot to do
> > with it. It's the wages these companies pay to the larger number of people
> > that are working that moves the economy.
> >
> > Not sure a war of this magnitude is enough to move the economy all that
> > much. It probably won't be big enough, or long enough.
> >
> > The stock market was going to tumble some more anyway sooner or later.
>This
> > little burp was no surprise. This war talk just acted like a trigger.
>Check
> > any chart you want. The trend is still downward and probably will be for a
> > while yet. Don't believe all that recovery talk you hear on Bloomberg or
> > CSNBC. The guys that are supposedly the "expert advisors" on those
>programs
> > are also the guys that make a living by brokering you some stock. Of
>course
> > they want you to think the market is going back up. You wouldn't buy (go
> > long) stocks if you thought they were going down, would you?
> >
> > Rik
> > ----- Original Message -----
> > From: "Steve Alm" <salm@mn.rr.com>
> > To: "Rhodes" <rhodes22-list@rhodes22.org>
> > Sent: Tuesday, January 28, 2003 4:48 PM
> > Subject: [Rhodes22-list] WAR
> >
> >
> > > Just the "jitters" of war have tumbled the stock market.  Explain to me
> > > again how a war will boost our economy???  It costs zillions to send in
> > the
> > > troops and zillions more to rebuild what we are about to destroy.  Is
>this
> > > really offset by the profits that are made by the few companies that
> > produce
> > > munitions, food, clothing, hardware, supplies, fuel, etc.???
> > >
> > > Am I missing something here?
> > >
> > > Slim
> > >
> > > _________________________________________________
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> >
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