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Old 09-11-2001, 10:39 AM   #1

Join Date: April 28, 2001
Location: Cambridge
Age: 36
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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

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Old 09-11-2001, 10:51 AM   #2

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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.

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Old 09-11-2001, 10:52 AM   #3

Join Date: April 28, 2001
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Really?? Maybe Freezing is a good idea, as panic selling is definitely very pinapple (awful)
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Old 09-11-2001, 02:55 PM   #4

Join Date: August 22, 2001
Location: Garden Grove CA
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Theres an exchange in L.A. everyone just forgets about it.
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Old 09-11-2001, 03:02 PM   #5
Emerald Dragon

Join Date: March 12, 2001
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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.

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Old 09-11-2001, 03:11 PM   #6
Mirac Honorguard
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Join Date: August 21, 2001
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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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Old 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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