Zeev's Turnips Patch-No Politics (ZEEV)

[baletwine]

"the current state of the markets is the direct result of the events on 9-11."

"They set in motion a spiral down that resulted in an undermining of the 401k wealth of a few generations."

I think not.

1. Check out the market indexes prior to the attacks.
2. Check out the average P/E ratios. STILL too high.
3. Check into the debt situation. All time highs for personal and government debt. Not pretty.

Don't rewrite this history for yourself that the terrorists caused this collapse we are in now,.. actually they sure caused the bounce following. (NG) Yes, it adds uncertainty to the markets, and some fear. With a little bit of honest to god normal P/E ratios, reduced debt, and even marginally sensible accounting, the market will look attractive -- there's just a lot to shake out between now and then, imo

Impact tomorrow will be from either the "coal miner's bounce" or the bad news from Q... :)

I don't have a link to a below ground "Miner's Bounce", but this link below is a miner when doing the above ground bounce program:

http://www.downside.com/bldgjump.gif

{wife to miner -- "darryl, daym quest just ruined your lil' bounce, honey"}

Bale