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I am not convinced that the situation is as bad as you are implying.
Fedex is up on all national services except those in affected areas of
lower Manhattan. The majority of commercial flights are back in action.
The world continues, sadder but better prepared...
Regards
DanG
"Dorothy K. Carter" wrote:
>
> You correct that they operate on a thin line between profit or loss.
> Without the ability to quickly move people in business and goods would
> greatly hurt our economy to continue at the beat that we are use to. The
> last days we have had to resort to transporting via truck or train which
> takes more time. Clearing transactions in the securities business demands
> payment by settlement and while there is electronic transfer there is still
> the real clearing of the paper trail. Without planes to transport mail
> rather you are talking US Post or UPS or FED EX ... all of business slows
> down waiting for the pony or truck to delivery goods ..... checks, order
> requests etc. Especially in this day of internet we are use to a instant
> gratification world and all of sudden we are blasted back to days prior to
> flying.............
> ----- Original Message -----
> From: "Daniel Goncharoff" <thegonch@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, September 17, 2001 4:45 AM
> Subject: Re: [RT] show your colors/ Oil
>
> > "The airline industry is the engine of our economy..."
> >
> > ?? What do you mean by this? As far as I know, the airline industry has
> > a long history of failure as an industry, which would imply economically
> > there is a serious question of the extent to which they add value.
> >
> > Regards
> > DanG
> >
> > Dorothy Carter wrote:
> > >
> > > Many try to compare how the market will respond to prior tragic
> events.....
> > > In my opinion what this tragedy does is exacerbate the trend and deepen
> the
> > > recession/depression cycle that we are already in. The economists will
> be
> > > hard pressed after this to continue to spin and parrot each other's
> claim
> > > that we are not in recession and that we will continue to have positive
> GDP
> > > and turn around anytime soon. The airline industry is the engine of our
> > > economy and it is all but devastated by this tragedy. Even if the govt
> > > gives money to airlines there are many people who will never fly again
> and
> > > the corporations will start using video conferencing with interactive
> > > internet hook ups ... it's safer and cheaper in this kind of economy.
> Those
> > > that believe in cycles can see that when the bigger cycles are all
> pointing
> > > up and a smaller one turns down short term you get a correction.. when
> many
> > > of the larger bigger cycles are all turning down and you have something
> > > like this happen along with war that is likely to effect energy
> prices....
> > > it spells disaster
> > > I would guess that the govt is orchestrating an attempt to keep the
> market
> > > up or at a minimum from unraveling Monday morning....but I don't
> believe
> > > that any amount of manipulation or short term flooding market with money
> can
> > > change the long term trend.
> > > ----- Original Message -----
> > > From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Saturday, September 15, 2001 10:53 PM
> > > Subject: Re: [RT] show your colors/ Oil
> > >
> > > >
> > > > Thanks Dorothy,
> > > >
> > > > Our collective tragedy is several orders of magnitude outside any norm
> we
> > > > are familiar with, the energy is palpable, and normal. I am quite
> curious
> > > > about the coming week's activity. We entered an era when the financial
> > > > markets are not the biggest story of the day, and when the outcome of
> the
> > > > biggest story of the day will move the markets. Perhaps the dog will
> go
> > > back
> > > > to wagging the tail.
> > > >
> > > > ;-)
> > > >
> > > >
> > > > Michael
> > > >
> > > >
> > > > > Michael.. this group stands no chance with an Alaskan and an
> ex-Alaskan
> > > > > whose heart is still in Alaska making posts..... :-) I'm sure that
> we
> > > > all
> > > > > will be glad come Monday when I for one hope this thread will go
> back to
> > > > > "market tradable posts"..........
> > > > >
> > > >
> > > >
> > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
> > > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > > >
> > > >
> > > >
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> > > >
> > >
> > >
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> > >
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>
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