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FED EX and UPS are in better condition than the airlines... 5-6 days of no
$$ coming in to airlines is a disasterto them... listen to what Congress and
Senate are doing this week... they are subsidizing airlines to keep them in
business..
----- Original Message -----
From: "Daniel Goncharoff" <thegonch@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 17, 2001 12:18 PM
Subject: Re: [RT] show your colors/ Oil
> 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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