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-- Anonymous, September 17, 2001

Answers

Dow and NASDAQ off over 100 pts in first few minutes

-- Anonymous, September 17, 2001

My prediction is that by waiting until today, the country is far more upbeat that it would have been if all the NY markets had resumed last week. (The Chicago commodities market and some others kept going.)

-- Anonymous, September 17, 2001

Something I'm wondering... There is likely to be a readjustment in where the investments are made. So, that could result in a wash. Sales of airline stocks and then purchases of something else. As opposed to sitting on the sidelines with cash. If so, there could be a very favorable correction later in the day.

-- Anonymous, September 17, 2001

Warren Buffet has said that he will not be selling today, but might be buying. To me that is what some of these very large fund managers should be doing. Looking for bargains and buying. Sell later.

-- Anonymous, September 17, 2001

10:05 am, the Dow is off 540, but NasDaq continues to hold at about minus 100.

-- Anonymous, September 17, 2001

Fox Wall St reporter is saying they didn't expect it to be nearly this bad and it sounds as if panic is setting in. Warren, where are you???

-- Anonymous, September 17, 2001

NasDaq and S&P500 really haven't been so bad. Dow is more or less stabilized at 500 or so. I've been replaying the bank scene from It's a Wonderful Life all morning, I think they should have shown it on tv last night.

-- Anonymous, September 17, 2001

They really were hauling out the big guns last night..Buffett, and Jack Welch(i think) on 60 minutes..Buffett said he wouldn't be selling, and may buy.. Also said he would be going through with an offer that he had on the table..But i think this is being dis-ingenuous..Buffett may not be selling right now, but thats because he has ALREADY positioned himself for a market downturn.. But IMO.. it's not necessarily good advice for the average sheeple..who wasn't similar positioned

-- Anonymous, September 17, 2001

Whatever curbs were applied (like companies buying back their own stock) don't appear to be working. I think we're past the point in the afternoon (now 2:50 EDT) for PPT to kick in. Dow off 711 and below 8,900.

-- Anonymous, September 17, 2001

Insurance companies will be divesting in order to raise the cash needed to pay claims.

just a little tidbit to consider.

On tv they just called it an orderly sell off there, everyone is calm. Who she was talking about I don't know. a little blurb from CNN.

-- Anonymous, September 17, 2001

Are we finished for the day now?

DOW: -684 (8,921)

NasDaq: -115 (1,579)

S&P500: -53 (1,038)

-- Anonymous, September 17, 2001