09-11-2001, 10:39 AM | #1 |
Vampire
Join Date: April 28, 2001
Location: Cambridge
Age: 41
Posts: 3,877
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In light of today's events, where do you see the economy heading? I say pear shaped (bad). If this attack happened 24 hours earlier then it would be banana shaped (very bad). Yesterday the FTSE100 fell below 5000 for the 1st time in 3 years.
P.S. Apples and Cherries are good. So are Plums. Pears are just funny ------------------ |
09-11-2001, 10:51 AM | #2 |
Guest
Posts: n/a
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They will 'freeze' the market so everything will be ok. I am sure they have a 'backup' stock market.. I hope
Another plane just crashed in Pittsburg -- don't know where in Pitt.. also Fighter planes are flying cover over Washington. ------------------ Ziroc™ Ironworks Webmaster www.tgeweb.com/ironworks |
09-11-2001, 10:52 AM | #3 |
Vampire
Join Date: April 28, 2001
Location: Cambridge
Age: 41
Posts: 3,877
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Really?? Maybe Freezing is a good idea, as panic selling is definitely very pinapple (awful)
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09-11-2001, 02:55 PM | #4 |
Manshoon
Join Date: August 22, 2001
Location: Garden Grove CA
Posts: 151
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Theres an exchange in L.A. everyone just forgets about it.
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09-11-2001, 03:02 PM | #5 |
Emerald Dragon
Join Date: March 12, 2001
Location: spokane wa usa
Age: 40
Posts: 926
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The stock markets are closed untill monday i believe.
------------------ All blades cut, be they made from metal or wood, but the sharpest and deadliest blade is the one of knowledge. An Archmage of the HADB |
09-11-2001, 03:11 PM | #6 |
Red Wizard of Thay
Join Date: August 21, 2001
Location: Limburg, Netherlands, Europe
Age: 42
Posts: 894
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Well, I certainly don't hope that the economic market is gonna collapse. I think they've got a back-up. Would have been smart anyway
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09-11-2001, 03:22 PM | #7 |
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The Stock Exchange is located very near the WTC right around the block I think. It will take several days to get the Disaster Recovery plans into motion and then the exchange will come back up (in a day or two I would think)
What will happen at first when the exchange opens up is a bunch of paniced investors will sell and make a run on the bank, then the smarter calmer people SHOULD have a field day buying at record lows....Rick Edleman posted this here in DC as what he thought would happen to the market. ------------------ Disintigration is easy, If you really want to impress me, ReIntegrate it. |
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