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Market is bottom or not? An uncertain time needs a different kind of strategy. A professional opinion about the market and how to approach. Comments on Intel, Rambus, Avanex, and JDS Uniphase. (Source: Mike Buckley)
http://luskinreport.com/hager/archive/20011001hager.htm
p.s. Disclosure: Hold rmbs for April only. Lucky enough to get out that time. avnx still holding and waiting for recovery at least to March's level(G).
p.s. Abuse of language. This guy used "Jihad" as Jihad portfolio. The absurbity is beyond my comprehension. He needs some lecture about current meaning of jihad and origin of jihad from our regulars.
The steep decline in stock market force people to change their retirement plans or come back from retirement. Sep. 11 further damaged people's lives in various ways.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16438997
After Sep. 11, I was very suspicious about a patriot game that Media advised small investors to buy or hold instead of sell when the stock market reopened. This person gave a proof that big institutions betrayed us, small investors again.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16439694
Now James Cramer knows long term is sucks. Now he is saying the same thing as in the above post; fund-brokerage-media complex's manipulation.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16438843
Ike, I didn't know you still hold those core stocks you said long time ago. I hope you keep selling calls to cover the cost at least.
We all have to deal with all religious or political fanatics regardless of their names. You name it if any religion or political system doesn't have any atrocity under it's name. It is a shame in our humanity but we have to keep fighting with the evils in us. The best way is education and increase of living standards. If people worry about their basic needs, many of them will trade it at whatever costs.
For one thing, people are hard to change the way of life. Japaneses traditionally hunt down whales and consume them. Even nowadays they are unwilling to give up even though whales are endangerous species. That is their tradiion. I don't try to blame Janpaneses here but the article reminds me of how difficult the task of change a society is. Can we (of course including Muslims who live there) change Islamic society to democratic Islamic countries? Every country has some kinds of things against international pressure or opposition like the one of Japaneses. It won't be easy but can't be given up for our humanity?
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16438937
<Ike, please explain why either Taliban or Pushtoons should be included in a new government.>
If I am not mistaken by few percentage points 85% inhabitants of Afghanistan are 'Pushtoons. Mix annihilation of Taleban with that of Pushtoons and we cross the line of ethnic cleansing in no time.
Nazism’ was annihilated but not Germans. Taleban represent no race they represent ‘vulgarity of repression’ at its best, and it is associated crudeness at its new heights. Pushtoons is a race that has been subject of this repression. It is like the communists in USSR or ex-eastern European communists states whose people were hijacked by the handful of politburo members and vested interests of the communists, the Iron curtain came down in shorter time than it took it to be erected. In all likelihood I will not be surprised that millions of Pushtoon who live a hostage life will welcome the back of Talebans as soon this terror group is replaced by moderate elements.
The million of refugees who you see in images on CNN are mostly 'Pushtoons' who want to escape the horror of Talebans, even King Zahir Shah is Pushtoon, Pushtoon is a race but 'Taleban' represent the return to the ‘Wahabis Puritanism’ that makes earnest effort to impose a 1400 years old system in its entirety in present world. If ‘Pushtoons’ would agree to this system of repression that would not been 6 million refugees still living in Pakistan and Iran. And millions are pouring out every day towards the borders. For a poor man and a subject the best protest is to leave the country of repression no one else but ‘Pushtoons have demonstrated that.
The system of ‘Talebans’ abolishes room of independent thinking, intolerant, abhors logic and reasoning and in my opinion is the most virulent form of extremism as it brainwashes subjects in name of God and make them do things that are absolutely beneath human accepted wisdom. All strains of fanaticism are dangerous and we see them in their different colored attires spanning all around the globe. A ‘Kamikaze’ that kills himself for his nation can be corrected once the ‘nationalist wounds’ get healed like look at Japanese nationalism it was a dangerous strain of extremism, however once the cause of that militarism the marriage between ‘ Nationalist land grab desire twinned with the Imperial infallibility and divinity’ was removed we saw Japan rising from ashes to lead the world as the most important industrial power.
In case of ‘Taleban’ the most important factor is not the content of its ethnic mix, it may be Pushtoon dominated cabal but the thinking and its mutations are very dangerous, leave them in a vacuum to grow and you have mix that flourishes and multiplies to impose that medieval order on the entire planet with a fervor that has to checked with best of efforts. It is not a problem of a single nation, the very thought that a grand mufti can issue an edict to take someone life has to be made criminal. To curtail training minds to die in name of a holy war sponsored for God is the biggest threat and to curtail that needs innovative form of intervention where most of these states in ‘Islamic crescent of crisis’ that extends from morocco to Pakistan have to assume responsibility. The flawed philosophical underpinnings of ‘Talebans’ to deny rights to 50% of woman population in name of archaic laws that have no basis even in time of Prophet Mohammad is a bastardized demonic version of a message that Islam never sponsored, it rather abhorred that kind of persecution.
That streak of ‘narcissism of thought’ and ‘self assumed connection with God’ produces human right violations that have very rare precedents in the annals of human history. Now if this brain washing continues more vacuums will develop unless we cure the cause, the cure is education, proper health and providing hope to millions. The proxy wars of super powers and invasion of USSR in Afghanistan left a geographical vacuum that provided abundant room to ‘deranged of the world’ to conspire the way they wanted. This war to change minds is the real battle, now one can argue that it is no one’s business what happens in the east but left unchallenged these virulent strains can grow to control oil, or the weapons of mass destruction and in this open world we will be stranded in a blackmail attempt that will lead clashes that will be truly not of cultures but of forces of darkness and forces of progress. The people who should be responsible by the global community to mend the affairs are the oil rich nations of the region, this war against terrorism should be 505 funded by them, as one should not forget its Arab extremists roots and its target of Arab regimes. House of Saud cannot absolve itself of responsibility towards a global –rebuilding plan of poverty-stricken pockets where these Arab terrorists play havoc.
As a target of these terrorist why they should not be a part of global efforts to address the fundamental problems that create them is still beyond me, why only OECD and developed world should take upon itself to cure the cause is also beyond me, some kind of UN imposed tax on oil exports to cure the Muslim regions from where these threats emerge may look a very strange proposal but these guys need to be told that they need to share the burden if it is their people who play key role in this kind of devastations. The nations across have to assume responsibility of the act of their people.
The war on terror started from that day of infamy in my humble opinion has a lot more connotations of responsibility than revenge, we presently don’t realize the extent of full contest of a continuous monitoring that needs to be place if humanity has to progress.
The element of removing the immediate cause of problem that is in my opinion a smaller problem and than a larger one that of protection of US interests, first and foremost is the safety of its citizens globally and protection of its global overreach of the economy. US economic overreach is far beyond the imaginations of US strategists. In present world US global or economic overreach demands that it cannot sleep or stay in isolation or be unconcerned with what happens to global resource rich areas of the world. It is the choice we need to make do we want an open world and greater development prospects or a closed world where the interests are divided along north-south hemispheric divisions, in the case of later we do get some breathing space from terrorism, but the present form of open economic model will be the first victim in short- medium term, in case we go for the former that of continued embracing of open world and open economy that would unfortunately entail some huge responsibility, that may include outposts and kind of economic overreach where US may create some success models with the help of richer states in the region some form of balance in the present basket case nations that provide the canon fodder or grounds of future harvest for terrorists.
.
The events had very extensive repercussions for mankind, since 11th of Sept I have released that we cannot create or afford uneven geographical pockets of poverty, the world is not insulated against someone who is fanatical to destroy the precarious balance in human relationships that since Adam eve is based on mutual respect of life. Once that respect is tripped new lows of action is the result.
Undoubtedly foregoing is a very heavy menu but it hinges on imposing responsibilities on states to encourage regional interaction and discourage those ‘luxurious rich deranged minds’ like Osama and his cohorts from the rich Arab societies who after getting bored from money decide that ‘call of Allah’ demands that they should overturn their own repressive regimes but to do that they hide behind the weakest of the nations, the people in these poor nations like Afghanistan become mental slaves to these ‘Arabs’ who write in Arabic the most repressive of acts that are against the teachings of Quran but have significant meaning, if you add with charisma of language the long beard, the five times of prayers, the bead and call of one Islamic nation, you create an evil leader, the leader with the explosive mix of ideological Puritanism is than ready to act for crimes against humanity, like nazism all form of extremism should be declared an act against humanity by the civilized world. The oil rich nations has an important role for their own survival to be active in this cleansing process of radicals but they also need to eradicate the cause of all this, the extreme poverty in their own nations and in their region need to addressed. That inequality is the breeding ground for these anti human networks although combined with democracy and freedom that they can find in the west. These cells flourish to their maturity.
Iqbal Latif
Ismail Khan, a legendary commander of Herat during the Afghan Jihad days, is now ready to move on to the southern Afghan city, Kandahar, considered the spiritual capital of Taliban.Taking advantage of the panic and confusion of a "falling city," they intend to stage a "rebellion" against Mulla Omar, the self-declared Amirul Momineen (commander of the faithful). The News further has it from highly reliable sources that in case the attempt to topple Mulla Omar succeeds, the surfaced faction of "moderate Taliban" will "invite" Zahir Shah, the former king, to return and lead the process of "reconstructing his country" by setting up a "legitimate and broad-based government through holding of Loya Jirga (the grand assembly)," a traditional mechanism for evolving national consensus in Afghanistan.
Military movements to force the Taliban leadership surrender Osama and accept a national government in Kabul have begun with some major fighting forces already positioning themselves with the help of the US and other allied troops. Pushing by some intelligence operatives of a European country.
Unconfirmed reports even claim that some American commandos have already engaged "the Taliban outposts in South East of Afghanistan in a deadly way on Saturday night, to soften Ismail Khan's passage to Kandahar." At least two prominent ministers of the Taliban regime and the governor of an important province of "the Taliban-controlled areas of Afghanistan" have promised to come out into the open in support of Ismail Khan, if he appears successfully getting close to Kandahar.
The US president, we are told, has approved the said plan at a meeting he had with national security advisers at Camp David Saturday morning. Herat and Ismail Khan are gaining importance, vis-a-vis the game plans of "war on terror," was also indicated through the photo officially released by the White House on this meeting. Bush and his aides were shown seated around a table on which a map of Afghanistan had been laid out. CIA Director George Tenet could be seen in the same picture, gesturing towards an area in the west of Afghanistan, near its border with Iran.
The White House also leaked a document to media on Sunday. It outlined the US policy towards Taliban. In part, it reads: "The Taliban do not represent the Afghan people, who never elected or chose the Taliban faction...We do not want to choose who rules Afghanistan, but we will assist those who seek a peaceful, economically developing Afghanistan, free of terrorism...We will support the Afghan people in the future. They deserve peace and stability, freedom from foreign terrorists and a government that represents all Afghans. We call on others to join us so we can help Afghans to recover and rebuild."
On the face of it, the leaked document can be read as if saying yes to the forces of Northern Alliance, who are dying to take over Kabul with fresh supplies of Russian weapons and the provision of intelligence and air cover by the Americans. But the fine print of this documents is actually addressed to Ismail Khan and his potential collaborators from within the Taliban movement. Reliable sources told The News in Quetta 10 days ago, that Washington had fully realised the "limits" of the Northern Alliance. With help from the Americans and their allies, they can take over Kabul anytime. But their reaching there does not promise a stable government for Afghanistan. There were rather strong apprehensions that the "foreign-sponsored" victory of Northern Alliance could compel the Pushtoons of Afghanistan to stick around Taliban with a bitter vengeance.
"It's from Kandahar," insisted a European ambassador while talking to this correspondent, "that we should begin moving to a lasting and broad-based government in Afghanistan. Surfacing of a moderate faction of Taliban is the first step to this direction." Many Quetta-based Afghan refugees were found thinking on the same lines while talking to The News last week. At an expansive house in Satellite Town of the same city lives a very active chief of Alokozai tribe of the Kandahar province of Afghanistan. He was fully involved in launching of the Taliban movement in 1994. But later got disappointed with them.
After many months of a dormant living, he has now resurfaced on the Afghan political scene. A crowd of Afghan refugees, mostly from Kandahar and the villages around, stays at his home these days. Our sources claimed that it was this tribal chief, who got "Ismail Khan connected with the potential dissidents from within Taliban." After escaping from a Taliban jail, which was just not possible without "winning or purchasing some friends," Ismail Khan had fled to Iran some months ago. But then he discreetly slipped to an inaccessible area of Badghis in South East of Afghanistan.
Often, the trading vehicles plying between Kandahar and Herat have to "negotiate protection with his boys," who keep blocking the flow of traffic on this route with surprise attacks, launched from Ismail Khan's base in Badghis.
Our sources also revealed that Ismail Khan could "easily get Herat back," since the Americans' putting the heat on Taliban after the suicide-hijack attacks on New York and Washington. "Not more than 50 Taliban commanders" were reported present in Herat these days, where the mass of residents hates Taliban. They do so despite the fact that Taliban rulers are not very strict in enforcing their interpretation of the Islamic codes in Herat.
Men with short beards are tolerated. Though veiled, women are seen roaming the bazaars of Herat. Some also frequent "beauty parlours" and can wear designers' jeans under their Burqas. Yet, the veteran strategist in Ismail Khan preferred to wait. "He instinctively realised that the time had come where instead of cutting Herat out of Afghanistan as a fief, all opponents of Taliban must get together for the big game," reported a Chaman-based transporter who claimed to have had a "lengthy talk with him on September 16."
Where and how? He wouldn't tell. But the transporter didn't mind "revealing" that "He (Ismail) has established contacts with some Taliban commanders with the objective of toppling Omar. And, they can surely succeed, if the Americans promise to help." While prodding all the anti-Taliban factions, to engage Mulla Omar's loyalists in deadly battles on multiple fronts, the Americans and their allied forces are exclusively concentrating on get-Osama part of the war plan. Some Pakistan-based friends of Taliban still believe that Mulla Omar can be persuaded to let Osama "surrender before an international court of justice, on which some credible and well-reputed scholars of Islamic jurisprudence should also sit to evaluate the evidence against him."
But the USA and its allies don't share this thinking. They are convinced that Omar can't deliver Osama to them, "even if he sincerely wants to." Small wonder, some British newspapers claimed Sunday: "Devastating attacks on bases controlled by Osama bin Laden are set to be launched in the next 48 hours as part of a tightly focused military operation approved by US President George Bush and backed by Britain." The strategy, we are told, "is designed to kill bin Laden and his forces, and will be launched in tandem with strikes against air and ground forces of the Taliban regime supporting him."
Iqbal Latif
Markets don’t flourish in vacuum and uncertainty, the world before 11th Sept is different one from the one after that has considerably changed. Market high P/E’s are only justifiable in circumstances where freedom prevails and mankind progresses to its full potential in an environment that has no element of coercion, intimidation and terrorization. Some may think that we have been emphasizing far too much on issues that presently confronts us, but such is the gravity of the situation and complexities in relations to markets that unless a complete understanding of this new phenomenon is reached, markets levels are difficult to predict. I will like ideally to get back to work and start doing what we do best but in recent state of affairs I will for my own self will concentrate on strategic developments that will determine the course of events in our markets. Please bear with us in the little while, we sloppy people with too much of thinking going on will take some time but will soon be back to normalcy.
Iqbal Latif
<I fear Judgement Day is drawing close.....Desolation will be their reward >
Just a slight reawakening and setting of our priorities right Jeff. I assure you; once these ‘icons of terror’ are dealt with humanity will never allow that what has happened to be repeated, mankind has defied many a worst disasters, we are seeing the efforts of renaissance in 1/3rd of humanity, this will definitely usher them to new vistas, but just don’t forget that Europe did not have its renaissance under the glairing 24 hours coverage of CNN. Imagine you seeing woman being burnt as witches and Voltaire’s books being burnt by mob in Paris the today’s center of global enlightenment just 150 years ago, that would made you much more depressed.
We are a part of very unique human phenomenon, our passions and our feelings remains the same but we see events in a way that only God could have seen just at he beginning of this century, the unfolding of global events right before our eyes make every tragedy our backyard tragedy, our living rooms privacy has been shattered, we are part of unique phenomenon, much as we like to keep ourselves isolated we are being pressed everyday with colossal amount of information and global understanding. On one hand it bodes well for future exponential growth in short term it does lend credence to argument that are we approaching the Armageddon, no we are not, we are at cross road to define new virtues and new bridges of understanding. Look back in our human history, every new low in our aggression was followed by a new high in human development, this new low we made will be no otherwise, we will succeed and will flourish. Hope and freedom has always succeeded in face of fascism and death.
Iqbal Latif
<<Are you Muslim?>>
No, I have a lost identity in search of my misplaced pedigree.
I am Muslim, but they hate me when I talk about their insatiable hunger to eliminate any one but those who can raise the slogan of Allah is great. When I point them their inbuilt injustice and predator like tendencies to hate progress and co-existence they consider me heretic. I am an infidel subject of ultimate punishment.
I am Hindu, my great grand fathers I am sure were one, but Hindus too hate me if I want to talk about right of self-determination of masses who have been denied that right.
I am Jew but Jews but they hate me too if I talk about right of Palestinians kids being eliminated with bullets aimed at them.
I am an Arab, but they hate me when I talk about why do you kill a Jewish child and innocent Jew in Israel in name of ‘Intifida’.
I am no one.
I am no one really no one, an insignificant wanderer that is what I am, liked by no one, hated by everyone, this is my life but what a beautiful life I have, I love to live every moment of it. These are careless whispers as George Michael puts it.
In the end I am just a humanist, I love mankind beyond color, creed, race and religion, I just feel we are a part of greater society that is part of one humanity, we have to progress together otherwise petty fragmentations and schisms will lead us to road of self destruction.
We got to love each other beyond religious divides and develop a greater universal cause of ‘ universal oneness’. It is out of fashion and absolutely worthless thought, but I know no nation has absolute virtues, neither any religious thought has absolute truth, the only way to co-exist is to understand our weaknesses and develop a broad consensus, that is the most difficult part of our human struggle.
I am one that is caught in that web; I just try my little best make people understand the only way out of this whole dilemma is understanding of ‘our greater problems’ and addressing them with best of our efforts.
My glass house is too brittle and to protect it I need to accord some respect to poverty stricken areas of the world, this I have lately realized, I got to share my progress, but that is very politically unacceptable position as world and markets are all about ‘winner takes it all.’
Iqbal Latif
Idea will get some explosive posts in next few days if I am around, I am planning to pour my heart out, no one can make more money on levels of SPX that I know to trade but I am not interested anymore until these criminals are arrested.
I have realized that I am great trader when I can only mix my trades with a vision that mingles with hope and optimism, take that out and I am a dead man, I have never been a vulture in my life I am an eagle will trade these markets as eagle those who want to take some thing out can buy 750 puts and make great money.
I have no tools to predict element of destructive mind that can reach new lows to destroy and destruct, NAZ 500 or even 200 is possible when you let hope die and let pessimism run free.
A huge dagger have been plunged in the heart of mankind on 11th of Sept, until Osama, Aiyman Al-Zuhwairi and his cohorts are free, I have no other interest but to fight them and follow them, the little I can do in my part of the world I will and I may perish but I assure you that any effort spent by President Bush to eliminate this virulent form of absolute anarchy is best assurance for our children’s future.
Imagine the feelings of that person, who saw that plane coming in at 95th floor of WTC, I tell you I am right now in Paris in my own secured house but that feeling and loud sounds of ‘Allah-o-Akbar’ in the cock pit before that plane hit that window pane on 95th floor of WYC to destroy 6000 man resonate in my ears, it is difficult to sleep, the fight has to go on, get them or forget about progress or markets. These icons of destruction have to checked and followed keenly around every corner of earth.
The tyranny of 'Islamic fundamentalism' threatens the world and Berlusconi is right that we have to take them on, when Gods will and ambition to die for worthless cause mixes with will to annihilate, any growth rate or progress is worthless, it is shutters for us, Fred.
The mankind has to take that last stand, my story will show you what it is like to be a subject of Islamic state if you dissent, I will dictate it to Zain hopefully soon, he will write my story, I will cover areas that will show you why Islamic 'Puritanism' is biggest threat to mankind and why it is shambles and bigotry of highest order.
I know many Islamists read me and hate me for what I stand for, after all I was not born as Ike but Iqbal Muhammad Abdul Latif, but my message is to all of them who cannot condemn this act is stand up and be counted, condemn this act and be a part of global community that sees future of mankind based on live and let live.
I still have my CSCO's and MSFT's and KLAC's, I watch this market goes to dog every day with no interest, I have after 11th Sept only one mission, I will not be blackmailed with bunch of thugs, a small man like me will be knocked off but Islamists have to decide where they stand, either with humanity or with human terminators...
Never before mankind has been subject of this kind of terror and extortion, NASDAQ multiples of 40 are out of window, we need to check this blackmail before we move forward.
Iqbal Latif
It was just made official today, when we broke the news ggg it was just 15th Sept..<President Bush (news - web sites) said Friday the United States is ``in hot pursuit'' of terrorists behind the Sept. 11 attacks. A top Bush administration official said U.S. forces have conducted scouting missions in Afghanistan (news - web sites), where suspected terrorists are hiding.
The official, speaking on condition of anonymity, said the work of U.S. and British forces is a prelude to potential military action. The official denied reports that the forces, deployed in the last few days, are actively seeking prime suspect Osama bin Laden (news - web sites).>
Friday, Sep 28, 2001 9:38 AM
Respond to of 40772
He is on a run like a rat and SSG's from USA and UK after him closing all holes, the most secret battle behind enemy lines is being fought with valour and gallantry that future folklore stories will be hopefully based on, this is my read, remember the hostage mission in Tehran under Carter multiply it by 100 times.. the units from 82nd airborne hopefully will pick him and others from these rat holes.. lets all of us pray for the safety of our soldiers behind the enemy lines..US never sleeps..
Iqbal Latif
Then how do we know the next time is a bubble or correction if we don't know how we get to a bubble in the first place? what is your opinion about the future of the market?
Here is not an armature but a professional's advice. He is 87 years old. I never heard his name before but it is worthy.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16428046
2 days old news about closed door testimony of Greenspan and Rubin, former Sec of Treasury, against cooperation tax cut of Bush administration:
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16417795
Kim, when it comes to wartime fighting, a great
many things happen behind the scene that we
will never know about. Bush looks to be
doing everything just right. So he must have a
lot of quality advisers. Using the experience
of many world governments, should make this
battle considerably easier.
Everyone has a right to an opinion about bubbles.
I rather keep them in soap bottles, where they belong.
Steady controlled growth is the name of the game,
with minor corrections. Would be nice to get back
to a normal market without bubbles.
He thinks unwinding of bubble takes 5 to 10 years per history. So our generation never will see anthor bubble or recovery again.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16426172
Ike's speculation about Special force working on Afghanistan is confirmed. It is my speculation that maybe English, the older borther of our country join together in this special mission.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16426337
The end of the paragraph confirmed my speculation. Wow!
Ike your analysis of the situation seems right on, as usual.
Thanks for the indepth posts on the Middle East along
with your market posts. Looks like the Taliban are increasingly
isolated from the world, and the terrorists are on the run.
Thanks again.
Are you saying that you think these ops are already in progress?
Sara
He is running for his live, the US SSG's are after him, US will get him dead or alive alongwith the entire band..the battle is behind enemy lines, he is on the run..I think so, just my calculations, no hard facts..gg
Iqbal Latif
Another thought about bubble in reply to chaz.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16423040
Gloomy forcast
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16423822
Judith's thougth about job gain and loss related to attack.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16424622
David Tice showed up again. The manager of Prudent Bear Fund said about more down trend of the market. If I remember correctly, he showed up in October of 1987 during Asian crisis and gave more doomsdays forcast. Ike was defending very hard for market recovery at that time.
Maybe it is bottom or will be bottom soon?
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16422185
Another somber reflection:
I told you before G&K is one of my favorites, including yours "Ideas" and "Ask Michael Burke" at SI. Now this regular guy, Chaz posted a very somber question or reflection about the fundamentals of G&K. It is worth of reading for investors. Actually, I followed some of their methods and then was crushed and I am still by this down-market. At least, your method of investing always includes some kinds of insurance or protection to preserve the original investment. My problem to your way is how to apply it in a smaller scale(for a smaller amount of money to invest).
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16419304
Also, the other regulars replied in the same painful way. I am in the same situation as TigerPaw's. Sometimes, some of the regular ones hardly accept different kinds of opinions due to lack of knowledge about G&K investing (you need to read manuals and quote it based on the books, etc.)
http://www.siliconinvestor.com/stocktalk/msg_multireplies.gsp?msgid=16419304
Mike Buckley's point is right in terms of when you invested in the stock market and what kinds of stocks you invested. I don't think not all people invested in the period made money if they still hold the stocks. I don't have a proof for my theory. Anyhow in that case, he is very smart, his method cannot be used for rule of thumb.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16420452
Chaz's reply here.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16421315
"Consensus building and operations where you get maximum for the bang is the core of the strategic planners decision making process."
Like your thoughts here... I'm also very impressed with the job Powell has been doing.
Sara
well said Ike - I enjoy reading your thoughts - thanks:)
Arch
Republican Representative John Cooksey of Louisiana reportedly told a radio network in his home state that: "If I see someone come in that's got a diaper on his head and a fan belt wrapped around the diaper on his head, that guy needs to be pulled over."
A Cooksey spokesman later told the Washington Post that his boss' larger point - that such airline passengers should be questioned - was valid, saying "Obviously suspicious people should be checked out."
Bush, who has blamed the attacks on Islamic militant Osama bin Laden, has repeatedly and carefully urged tolerance of all US citizens, amid a surge of violence against people perceived by their aggressors as being Muslim or from southwest Asia.
>>>>
maybe it is already too late to change peoples perceptions.
US is moving very carefully and very prudently, they will soon get the booty. The rumors of US ending up like British or USSR in Afghanistan a just plain rubbish, they are handling the situation with extreme care avoiding 'false nation building' but setting the priorities right. Powell has helped set up the tone, iti s State department that is calling the shots. Cooler heads are prevailing, and don't listen to propaganda, US exactly knows how to deal with this issue and they have everything inside Afghanistan and outside ready to do that job in a manner that will shock the people who think it is going to be a long drawn process that will take 100 bn $ no it is not going to that neither it is going to send the world back to depression, it will be a swift surgical operation where US forces unlike British and USSR are not going to be sitting ducks. The world has become smaller for Osama; he has no place to hide. Moreover, the US policy of rebuilding and avoid vacuums in the critical areas of the world will yield dividends, the hope is going to be the winner, from the ashes of absolute disgust hope is rising fast, I am surprised at the recuperative-ability of mankind to come out of devastation and plan for reconstruction although the 'stumbling block' of removing the icons of terror remains at the moment the front policy, however that objective unlike what many hawks in US wanted is being addressed with care and due diligence. Consensus building and operations where you get maximum for the bang is the core of the strategic planners decision making process.
Among the various options to counter terrorism, the United States is also looking at a scenario that could turn Pakistan into a role model of a stable, democratic and prosperous country for the newly independent Central Asian Republics (CARs) and militants nurtured by poverty.
In a updated brief prepared for the US Congress on Pakistan-US relations on Sept 16, five days after the terrorist attack on New York and Washington, the Congressional Research Service (CRS) says "US interests strongly support a stable, democratic and economically thriving Pakistan that would serve as a model for the volatile and/or newly independent countries of West and Central Asia."
Noting US Afghan concerns, American deputy secretary of State Richard L. Armitage said as early as Aug 27 that "The United States is not interested in Pakistan coming more under the influence of Afghanistan. There has to be a way out for Pakistan. We are going to play an effective role."
The CRS report acknowledges the stumbling block in the US objective of setting up Pakistan as a growth model for the region and notes that "differing expectations of the security relationship have long bedevilled ties" between the two countries. It also records fears in official circles in Islamabad that military strikes on Afghanistan could destabilize Pakistan.
As it appears, the US shares this perception partially if not fully. Military attack on Taliban seems remote with every passing day. How the future US strategy would take final shape, would also depend on Islamabad's response to the US objectives and the compulsions under which Pakistan has to work to safeguard its national interests.
If military attack cannot bring the terrorists to their knees, the US interests can best be served by a strategy that fights poverty - the breeding ground for Islamic militants and terrorists. The United States has the experience of East Asian model of economic growth it has helped to create, to fall back upon.
Looking back, the US lost the Vietnam war but succeeded in containing communist movement in the countries on the periphery of China ranging from South Korea, Thailand, Malaysia and Singapore, right down to Indonesia. The Asian miracle was wrought by economic assistance, foreign investment and trade - the region was provided free access to the US markets. And before the 1997 economic crisis, the Asian tiger role models inspired the rest of Asia.
The US and its European allies are looking at terrorism as the great threat to civilization. The EU External Affairs Relations Commissioner Chris Patten visiting Pakistan told CNN on Tuesday that "the fight against terrorism will shape the century we live in." And US President Bush says that it is a long unconventional war that will be fought in a variety of ways. "Military action is not an exclusive option."
Chris Patten who was the last governor of Hong Kong under British rule and has seen developments in South East Asia closely, says that the EU will consider providing Pakistan with economic assistance, foreign investment and freer access to the European markets. Even Russian generals who fought the Afghan war are of the view that an economic rehabilitation plan should follow affected countries, like the Marshal Plan for Europe in the wake of the Second World War. The US abandoned Afghanistan after the Russian defeat. The outcome is obvious for everyone to see.
The US and European strategy is being unfolded bit by bit to move towards a direction that had created the Asian tigers in an apparent effort to forge a model for economic growth for Afghanistan and Central Asian Republics. Pakistan, a Muslim moderate state, appears to be the natural choice, owing to its geographical location and its influence in Afghanistan.
The nuclear-related sanctions have been withdrawn. Washington is also looking into waiving the democracy-related sanctions with the roadmap for democracy unveiled by President Pervez Musharraf enough to satisfy the US policy-makers.
Iqbal Latif
SPX and OEX back to sideways action.
The sustained down move from Sept.5 in SPX and OEX has now
changed today to sideways. Now if we can base form and break
above 1050 over the next while then we'll be in better shape.
1050 on SPX and 540 on OEX.
QQQ still in downtrend.
Supports same as yesterday.
I like this guy's idea of banning crop dusting. I like organic food. It is more delicious but not perfect shape, ugly at times. Price is high and not many variety in Albertson stores. Some say after Albertson took it from Lucky, the service is worse and price up. I don't pay attention much and know any difference.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16415182
For those interested:
Need another close above 1005 for SPX for a sideways action
Support number short term 956 for SPX.
Need two closes above 30.5 for QQQ for a sideways action.
Support number short term 27.6 for QQQ.
Need another close above 514 for OEX for a sideways action
Support number short term 486 for OEX.
Not sure if these numbers are the same as Ike's but they are
what I have.
Ike!! Where are you?? Audience are waiting, hope things are fine with you. Cheer
Bin Laden family owned shares in Biomed firm.
http://www.bostonherald.com/attack/investigation/fami09252001.htm
Sarals, I would say try reading Ike's guidelines
for this thread, and you will find that this discussion
follows within those guidelines. We would be
rather shallow individuals if our only modivation
was making a buck, and how we can make
a buck out of this tragedy. All the quality
investment threads have this as a major topic
as well as where we are in this market cycle.
There is a board ACTOFWAR for the purpose of these types of discussions if you all care to post there and let this board get back to 'trading in and our for profit'.
http://www.investorshub.com/boards/board.asp?board_id=794
Sara
John,
The people who lost their lives in the WTC were
people exactly like those on this thread and
many other investment sites. Many of us on these
investment threads actually knew some who died.
So off topic? I don't think so. But it is near the time to get
back to life. So get back on the planes, they are losing
enough money as it is.
Inho Kim, all things we have seen before.
This last bubble has a direct correlation
with the age of the individuals doing the so-called
investing. Mostly young, mostly naive, never
seen a bear market. Never seen the bubble in the
gold stocks of the late 70's. This was the tulip bulb bubble
all over again. Those who saw it for what it was,
profited handsomely on the way up and the way down.
They will profit again from the herd(naive) dumping, while
they're buying during the past week.
All things remain the same. The herd panics, while the
true investors make money.
Ike - Pull em back into line. Too much OT political discussion is destroying the thread.
Regards
John
Welcome your point of view. We keep talking about politics and related issues to this terroist acts. Much less about stock market directions.
Here is Silicon Valley remorse abour bubble they create partly.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16410071
AlienTech, post is one sided propaganda.
Easy to blame all the worlds wrongs on the US,
as long as the facts aren't looked at.
Odd that Christians,Jews,Muslims,Hindus,and many
other religions can live in harmony within the US.
Even atheists are accepted. Although the States
isn't perfect, compare it's system of justice, freedom,
one person one vote with many other countries.
In the US you can be whatever you choose to be.
No restrictions of class, royal ancestry,or race or religion.
Can you point out one country that is it's equal
in it's compassion, fairness, equality, no matter
the gender, or ethnic background.
You probably can point out a few western countries,
but not many eastern.
That's the real reason for any hatred of the US and
the West by these people, who would think of nothing
of slaughtering millions of their own peoples lives
in the name of holding their own oppressive position.
If they can point to the illusion of the US being the culprit,
they can fend off any finger pointing towards themselves.
That's the real purpose.
It is very easy to become a police state. I don't have any good knowlegdge about recent histories of other dictator-run countries. Some lurkers can help us to understand their domestic politics.
My experience in Korea tells me it is very easy. The constitution under dictators was very clean and straight forward as well as very exellent. Usually constitution scholars collect all good things from all over the world and write it and let ruber stamp congress to vote it to pass. Then the one police and protect the consitution never do their job when human rights are violated. Also, there are laws and status for special cases for security purposes and national defence or undercover agency such as CIA. I believe it is exactly happening here when White house propose to increase more police powers to fight terrorists.
For one thing funny, it is all the time Repulicans who request many times historically, who are supposed to be protectors of individual rights or rights of properties, rights of possessing arms, etc., try to limit the basic rights of freedom. Isn't it ironic or contradictary? But they never acknowledge right of human body to woman whether abortion is right or not. They are the one to jail the flag-burning liberals for the cause of unpatriotic. Who likes flag-buring guys other even with excuse of the free speech?
They encroach basic civil rights one by one? It can be a police states. I cannot remember how many civilains were beaten to death by process of interogation in Korea but it happened. As you said, here the police kill first and ask questions later if the victim alive. Maybe better to be dead for the police because they can make a story, not the dead. If you think it spreads nationwide, it is a police states. The code of silence happened in Korea before at national level. It can happen here anytime, especially in crisis such as now.
Also, Sarah's point is right too. Some people fight so hard to protect our rights and democracy in the same way the other fanatics figth for their own agenda, whoever they are, Neonazi or terrorists. Freedom is the most precious jewel of America nothing else. Wealth, you can get it in other countries.
Long time ago, I read an article about chinese's accusing US of human right violations and lists of things you just mentioned. Whenever ou government chinese human right violaton, Chinese fight back in the same way.
"How do we know the US will be the way it is 10-20 years from now and not end up as a nazi state? far fetched? I had a neo-nazi room mate in college who went to his camp every week end to hail hitler"
Because there are a whole bunch of us who will fight to the death to keep our freedoms. Fortunately, the way things work in our country, I doubt it would come to that extreme. Yes, your statement is far fetched... there are nut cases everywhere, but they are the minority... just like the terrorists are a minority element.
Sara
"...but if its in their intrest then loss of life in far away lands is not a concern unless it directly affects their own life's."
Sorry, but I strongly disgree. For instance, when you ask many about Vietnam one of the striking images that come to mind is that of a little girl running down the road with her clothes burned off from napalm. We as a country have made mistakes, Vietnam being a big one but I sincerely believe that the majority of americans have compasion for fellow humans beings all around the world. You forget, we come from all around the world... we are a nation made up of the world's people.
"And just how valuable is the US constitution? It seems it ca nbe changed to who ever wants to and can weild the big stick. The IRS and DEA for example."
The U.S. constitution stands as strong as ever. And it's not that easy to change it... sure, sometimes abuses occur, but as in the case of the IRS, eventually they get reeled in. That's how our system works.
The different perspective in your articles is interesting... but I wonder if it's main stream thought or minority opinion.
Sara
Maybe I get so defensive about rights because I have travelled a lot and seen a lot, it is very easy for the government to abuse its citizens. How do we know the US will be the way it is 10-20 years from now and not end up as a nazi state? far fetched? I had a neo-nazi room mate in college who went to his camp every week end to hail hitler.
I was branded as a minor with a stolen car because I looked young, a drug dealer smuggler because I was carrying 5.25 diskettes in white covers across state lines, breaking and stealling car radios because how could someone like me in his night jammies afford a new car let alone have money or smarts to install a new car stero himself, a terrorist or spy because I was taking pictures of barns and out to do no good because I slept on the ramp or drove into a park at night. Anything that further errords your rights or makes it easier to turn you into a criminal should be looked at very closely to make sure it is actually worth the cost.
Yes if you ask most americans how valuable is life they would find it appalling, but if its in their intrest then loss of life in far away lands is not a concern unless it directly affects their own life's.
And just how valuable is the US constitution? It seems it ca nbe changed to who ever wants to and can weild the big stick. The IRS and DEA for example. Even in a state like CA where the average person can create a vote to pass a law like legal uses of marauana, the FBI and federal fovernment can nullify the will of the people and their laws as being inferior to big bros itrests. And if the US constitution itself can be compromised which it supposedly is very hard ot do, what are the chances of other countries?
Eg US would not let texas to leave the union and it was squashed much faster with oregon. But in the same token the US says the assention of kashmire to india is not legal. Even though Lord Mountbatten says it was valid. Now india has a lot of faults, actually its mostly faulty, but it is one of the few countries that does not force others to agree with its views which some parties in the US seems to do very well.
You know minneapolis is known for police brutality, they think its preferable to shoot a crimila before the act than let him continue to be able to do the crime. The problem is, how do you know he is a criminal in the first place? But they seem to get away with it even though everyone I have talked to dont understand how they can get away with it. Or how about the retard who died in the street in oregon after police prevented his relatives from giving him first aid and waited until the paramedic arrived 15 minutes later? This was in front of hundreds of people. if things like this happen anywhere else in the world it would be classified as a police state in CIA's handbook and how it violates the rights of its citizens. But it seems even in the US there are many types of citizens, those who can enforce their rights and the rest.
http://www.rediff.com/news/1999/aug/17arvind.htm
The real terrorist:
the view in the mirror
Black Tuesday should do more than traumatise the most powerful country on earth - this should be a time for introspection, for trying to understand what it is that makes America one of the most feared and hated nations in the world, say Swami Agnivesh and Rev Valson Thampu
September 24
We could respond to the latest and unparalleled outbreak of global terrorism in two ways. The first is that of opportunism. It could be turned to our advantage, say, in reinforcing the case against cross-border terrorism and manoeuvre the US into an anti-Pakistan stance with a beneficial spin-off for our Kashmir agenda. Or we could see escalating international terrorism as a pointer to the pathology of the world order that is being crafted almost exclusively from a Euro-American perspective, with the rest of the world as mere pawns on the chessboard of orchestrated social, cultural and economic expropriation.
President Bush is right in terming the terrorist carnage in New York and Washington as 'acts of war'. But the campaign against terrorism needs to be situated in a larger war against the cult and culture of violence in all its myriad forms. Selective targeting of the 'terrorist outfits' inconvenient to oneself can only degenerate into yet another project of terror, no matter in what ideological or rhetorical costume it is draped and displayed.
As Indians we are inclined to be sentimental. Sentimentality involves a distortion of sentiments and an avoidance of truth. It constructs a one-sided version of reality, leaving out the disturbing aspect of the situation. Many of us are likely, hence, to feel strongly that this is not the time to take an objective view of terrorism as a global phenomenon. Especially in the wake of the terrible Tuesday, the image of the US as the grand victim of global terrorism haunts our imagination so powerfully that any attempt to see the dialogue of terror objectively could seem blasphemous. The truth must be spoken, nonetheless, lest the colossal human sacrifice witnessed in New York and Washington goes waste. And that would be a tragedy worse than the collapse of the World Trade Centre itself.
Our world subscribes to the unwritten dogma that loss of life is more tragic in some contexts and some countries, whereas it is treated as a routine matter in most others. For decades the American foreign policy, especially the war against Communism, has involved the sacrifice of millions of lives in far away lands. Prolonged and poignant suffering has been inflicted on entire nations in order to break down the will of the people. Somehow it was deemed legitimate to sacrifice peoples at a distance to secure the foundations of American hegemony over the world. At the same time, the loss of a single American life has been a matter of hyper-sensitivity. We have all been bought into this specious logic for too long.
It is a mark of the greatness of the American society that not every one there subscribes to this hypocritical dogma. Denouncing the barbarity that was rained on New York, Robert Jensen, a professor of journalism at the University of Texas at Austin, writes, "But this act was no more despicable than the massive acts of terrorism, the deliberate killing of civilians for political purposes, that the US government has committed during my lifetime. For more than five decades throughout the Third World, the United States has deliberately targeted civilians or engaged in violence so indiscriminate that there is no other way to understand it except as terrorism." Only think of the hellish sight that the highway from Kuwait to Basrah (Iraq) presented after the liberation of Kuwait.
A day after the war had ended, thousands of Iraqi soldiers were retreating, virtually fleeing in fear, from Kuwait commandeering whatever vehicles were available. US B52 bombers rained cluster bombs on them killing thousands all along the highway, clearly after the hostilities had ended. That was not branded terrorism, as the pirate who confronted Alexander would have sneered, only because the US had irresistible firepower.
Predictably, Bush has exhorted the democracies of the world to unite in this war against terrorism. Who can dispute that this needs to happen? But who can, at the same time, hope that this would result in the eradication of the cult of violence, as symbolized by this mega terrorism, unless there is an honest understanding of the need to abjure violence as the means to attain one's goals.
How can a nation that sits on stockpiles of weapons of mass destruction and is in a position to blackmail and terrorize the world have the moral right to lead a campaign against terrorism? The exclusive right that a few nations claim to use nuclear and hi-tech violence at will is in itself a terrorist idea that needs to be seen for what it is. As long as double standards and injustice continue to plague the global community and vitiate the rhetoric of peace, terrorism will continue to bedevil the human race.
Most people are carried away by the magnitude of the havoc that the terrorists have wrought in New York and Washington. Mind-boggling as that really is, what speaks even louder is its carefully choreographed symbolism. This is, by far, the most vicious blow to the American presumption of impregnability at home. The only other comparable event in terms of its symbolic resonance is the sinking of the Titanic that, according to Joseph Conrad, humbled the pride of an entire civilization and burst the bubble of Anglo-Saxon arrogance. The terrible Tuesday has served notice on the nation that American muscle power may not necessarily translate itself into security for Americans either at home or abroad. America needs to combine her awesome firepower with an inspired commitment to justice and compassion for all. And that should include those miserable wretches who are doomed to groan under the 'dictators' that the US detests.
That is possible only if this great nation learns to temper its geo-political calculations with a sense of universal responsibility and compassion for all in distress. American pre-eminence must not be founded exclusively on American firepower or economic clout, but also on a global commitment to end poverty, destitution, and injustice of every kind. President Kennedy's stirring words to his countrymen, "Ask not what America can do for you; ask what you can do for America and what we together can do for the world," are far more relevant today than they were then.
The symbolism of the event - trade towers collapsing and the nerve centre of the mightiest war machine in history folding up in panic - has not been lost in the torrent of sympathy that people all over the world felt for the victims. The twin towers symbolized a whole civilization that allows wealth to flee from the people at large and accumulate in the hands of a few. Never before in history have mechanisms of affluence left so many destitute as they do in our globalizing world today. Death by starvation, the brooding ferocity of hunger, is the ultimate terror.
It is time the Americans came to terms with the irony of their affluence and preeminence in a world of escalating inequalities and explosive grievances. They have must to lose. Consider, in comparison, the Afghans and the Iraqis. How much damage could a few terrorists have inflicted on these countries with a few passenger planes? That is why the idea of an American retaliatory strike against Afghanistan looks so unexciting, even pathetic. Are we about to witness a re-run of North Vietnam?
It was the rare resolve bred by poverty that humbled the US there. History is moved by those who have nothing to lose. Marx knew this, and so cried out, "Workers of the world unite; you have nothing to lose except your chains". Only those who have nothing to lose could have turned themselves into missiles and displayed the suicidal recklessness that portended Doomsday in Washington.
The second thing that the people of America need to note is this: the trigger-happy approach of the US to policing the globe bespeaks a crude unconcern for the cost that this exacts from other people. The mastery of electronic warfare that seems to guarantee negligible loss of life to oneself has been the main reason for the cavalier posturings of the US in this respect. One wonders if rockets would have rained on Sudan and Afghanistan in the wake of the attacks on American embassies, and the average American endorsed this effrontery, if the horror of Black Tuesday were anticipated then. The gaping intelligence-and-security lapse writ large over this humiliating event is proof enough that the prospect of a massive terrorist attack in the nerve centre of American finance and defence establishment was never taken seriously by the US.
All on a sudden it is as if Vietnam, Iraq, Baghdad, Cambodia, Nicaragua, Chile and Laos have all come home to roost. For a change, the victims are no longer 'the demonized other', but men and women one has seen and known. And that is a different kind of experience from the CNN coverage of hi-tech war at a distance. Ironically, it is the apocalyptic scale of the devastation in this event that makes retaliation both unavoidable and unthinkable. This explains why a subterranean tremor of popular anger is now sweeping through the American people, for all the outward tokens of solidarity they display. To an extent unimaginable a few days ago, more and more Americans are beginning to see an emerging link between American foreign policy, studded with distant proxy wars, and the hell that broke out in their own backyard.
Third, the American people need to ensure that the seeds of terror that the enemy has rained over them do not penetrate and sprout in their collective psyche either as fear psychosis or as irrational hatred against all and sundry. Terror's first casualty is the capacity for sound judgment. Panic robs people of their capacity for subtle distinctions. Yet all that we cherish - truth, justice, compassion, love, and beauty - stands on this very foundation.
The sporadic outbreak of violence against people of Asian origin, especially mistaking the Sikhs for terrorists, is pathetically ridiculous. Unless this is contained at once, the terrorists will have the last laugh of having infected the mind of America with the virus of terrorism.
There is a lesson in this for India as well. Our precipitous haste in boarding the American bandwagon is clearly based on a naive over-exaggeration of the benefits that can be harvested thereby. In this purblind fixation, we seem to become unmindful of the cost that is sure to come in the wake of this misadventure. What is the proof, as yet, of the genuineness of the American resolve to contain and eliminate global terrorism in a dispassionate and consistent fashion?
We cannot afford to be carried away by the moment. The truth of life and history is that issues have to be faced and justice upheld, sooner of later. The alternative is to walk an unending trail of death and devastation in the foolish hope that a higher degree of counter-violence will bring our adversaries (nee, terrorists) to their knees. While it is true that hardly any terrorist movement has succeeded in attaining its goal, it is also true that very few terrorist movements have been crushed by brute force alone. Look at Sri Lanka, the bleeding island paradise, where sorrow blossoms instead of flowers; no further argument is needed.
Those who believe that terror can be treated or targeted selectively, live in a fool's paradise, as the American did till the other day. Black Tuesday was, in that sense, a moment of truth. But a moment of truth need not necessarily become a moment of enlightenment. For that, the truth encountered has to be internalized and upheld in the hard choices that a nation makes. President Bush could get it all wrong if he persuades himself to believe, against his own better sense, that the war to be one is the war against a particular brand of terrorism. The war of this century must be against the rising cult of violence that turned the last century into a cauldron of cruelty and an abyss of human suffering.
The writers are well known Indian social activists
(Courtesy: The Dawn)
Where men are men and the sheep are scared. No wonder.
New Zealand Is A Nation That Harbours Terrorists - US Congressman
Saxby Chambliss, a US congressman who is part of the congressional intelligence committee, has been visiting New Zealand and he said on the radio that it was a country with terrorist links.
He said that the US government wanted to help New Zeland to get rid of its terrorist problems so long as they helped the US.
However new Zealand politicians have ridiculed his suggestions and say "New Zealand security forces have no such evidence nor have we been provided that evidence from other security forces around the world."
http://www.stuff.co.nz/inl/index/0,1008,951603a11,FF.html
Some people can be angry at you when they read a couple of last paragraph. You already saw it here. However, your points are well taken. Outsiders can see things in a different way. Loss of life is loss to anybody. There can't be who's life is worthier than the other's. However in our human nature, we see our lives or someone's life we know is more important and valuable than others. In words, we don't say that but in our behaviors and in our heart. For me it is most difficult solution to resolve Israel and Palestine's problem first. Without it, there will be no peace. Only they can do it but not we. Many jews live here and in powerful positions politically, intellectually, and financially so America hardly get out of helping Israel. I don't see much hope until both parties learn to live together.
People usually focus on their daily life unless a certain event shakes their emotion or threatens the way of life. Until something happens, the political and economic arguements can be intellectual games to many average people. That is a norm. Media becomes a kind of English tabloid after private corporation can take over the media. It will be worse until people realize. Before that we should do something about it.
Thai is a good article. If we study this much for each problem, all world would be much better off. Instead we watch and listen too much to Condit(?). Not me but radio talk shows and TV spent a lot of time on the subject. I remembered I was sick and tired of Lewinsky thing years ago. Still people talked about it when they said bad thing about Clinton. What a country do we live in? Still, TV shows sound-bite for this attacks except for a few ones such as 60 minutes.
Here is another doom and gloom predictions from MorganStanley. When market was high, they hyped instead of cooling off. Now backward. Maybe it is time to buy until no more bad news(G).
http://dictionary.msn.com/find/entry.asp?search=gloom
That is the second good news I heard today. The first one is market rebound.
"The US media is still targetting islam,..."
That's not what I've observed. Many times, very specific statements have been made to the contrary.
"I know life is cheap especially if they are average americans, let alone average humans."
Do you mean americans think life is cheap? Not true at all. Most americans find that kind of thinking appalling.
"We need to try to understand a lot of things and how and why things happen and not let those in power take even more advantage of us and others."
Agreed. This is exactly the U.S. constitution and U.S.A. is all about.
Sara
There are lots of reasons. One, no one was willing to listen. Just how much world news do you get in the US? How about the train collision in india that killed 300 people yesterday? How much coverage did the earth quakes in mexico get? for get about the earth quake in india that killed over 100000. So things happening in the world are not really news to those in the US. And if nothing else, for sensationalism how about the 30 people who got run over by a train? 15 of them children. Things like that happening in the US or canada would flood the wires for days. The US media is still targetting islam, now if it seems targetting to someone like me who has lived around islamic people and know a lot about them, then to the ignorant its just like saying islam is osama. Even news briefs use weird words like fatwa, which even I had never heard of before and now when ever I see a fatwa I think its some weird islamic command against the western world. I am hoping that enough people question things and not accept things blindly. I know life is cheap especially if they are average americans, let alone average humans. We need to try to understand a lot of things and how and why things happen and not let those in power take even more advantage of us and others.
And them only sane thing I have read osama had said, when you resist american intrests they say its terrorism. But when americans do the very same its fighting for freedom and the evil empire.
I dont mind fighting for american intrests just dont want my sweet being used by the very very rich and powerful to get even richer and even more powerful.
Short sellers targeted
WASHINGTON (Reuters) - The ranking Democrat of the House Financial Services Committee has asked financial regulators on Monday to consider putting a temporary halt to short selling, saying the practice may be putting further pressure on already fragile markets.
"I am concerned that the confluence of negative macroeconomic forces and possible short selling and speculation in stocks from industries now under pressure may be adding to the downward cycle we are seeing in the markets since trading resumed on Monday," said John LaFalce (D-N.Y.).
"To the extent that short sellers have played a significant role in creating the current market conditions, I request that you consider the appropriateness of certain measures, including inhibiting short selling," LaFalce said in a letter to Securities and Exchange Commission head Harvey Pitt.
http://cnnfn.cnn.com/2001/09/24/news/wires/shortsell_re/
Another viewpoint:
In the short run, the American aim seems to be to pile the pressure on the Taleban without, as yet, making their removal from power an explicit goal.
This is designed to achieve several things:
-To rattle the Taleban psychologically
-To encourage defections in Taleban ranks,
-To give the Taleban one last chance to surrender the Saudi-born radical Islamist Osama Bin Laden
http://news.bbc.co.uk/hi/english/world/south_asia/newsid_1561000/1561005.stm
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