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Re: [RT] should we be contrarian to this report ??



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----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 25, 2001 10:40 AM
Subject: Re: [RT] should we be contrarian to this report ??


> Hello
> Maybe many of you do not know
> it cost $7500   to install   a solar system  that produce enough
electricity
> for the whole house,,(it does it even at night from the star light,,
> you get 40% rebate from the fed GOV,, and 15% from your state
> this REALLY will take the bite  out of this oil prices
> Ben
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, September 25, 2001 12:28 PM
> Subject: Re: [RT] should we be contrarian to this report ??
>
>
> > Nah, I like the idea of cutting the demand for oil through conservation
> and
> > efficiency of design.  A $1 drop in price per barrel saves $7,billion.
> That
> > is a powerful weapon.  It took a $4 drop to get the Saudi's to join the
> > aniti OBL/Taliban coalition.   The dollar still rules.
> >
> >
> > ----- Original Message -----
> > From: "Norman Winski" <nwinski@xxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, September 25, 2001 7:36 AM
> > Subject: Re: [RT] should we be contrarian to this report ??
> >
> >
> > > Ok people, let's get out there and spend spend spend! If we consume
> > enough,
> > > we can beat bin Ladin and those terrorists. Do your patriotic part and
> > > spend, spend, spend!  Now get those credit cards out and
> > > Chaaaarrrrrrrrge!!!!
> > >
> > > Conspicoius Consumingly,
> > >
> > > Norman
> > > ----- Original Message -----
> > > From: <SLAWEKP@xxxxxxx>
> > > To: <REALTRADERS@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, September 25, 2001 8:30 AM
> > > Subject: [RT] should we be contrarian to this report ??
> > >
> > >
> > > > 09/25 00:01
> > > > Bloomberg Consumer Confidence Index Rose After Sept. 11 Attacks
> > > > By Brendan Murray
> > > >
> > > >
> > > > Washington, Sept. 25 (Bloomberg) -- Consumer confidence in the
economy
> > > rose
> > > > this month to the highest level since January, according to a
> Bloomberg
> > > News
> > > > poll taken after the worst terrorist violence in U.S. history.
> > > >
> > > > Bloomberg's confidence index, derived from a series of questions
about
> > the
> > > > economy, rose to 86.68 this month from 83.8 in a June survey, a
survey
> > of
> > > > 1,200 adults found. The increase was the second in a row. The last
> time
> > > the
> > > > index was higher was when it was 89.3 in January.
> > > >
> > > > ``The American people are angry, grieving and upset, but they
haven't
> > lost
> > > > faith in the economy,'' said Evans Witt, president of Princeton
Survey
> > > > Research Associates, which conducted the poll last week.
> > > >
> > > > Americans expect stocks will rise and a majority predicted their
> > personal
> > > > finances will stay the same or improve in the next year, the survey
> > found.
> > > A
> > > > jump in President George W. Bush's approval rating to 83 percent
from
> 55
> > > > percent last month shows that Americans favor his handling of the
> > crisis.
> > > >
> > > > Still, 70 percent think there will be more terrorist assaults within
a
> > > year,
> > > > and a third think those that occurred Sept. 11 will very likely do
> > serious
> > > > harm to the economy.
> > > >
> > > > Half of the respondents said it's a good time to buy stocks,
according
> > to
> > > the
> > > > survey, taken the same week the Dow Jones Industrial Average
suffered
> > its
> > > > steepest decline in almost 70 years. Forty-five percent had given
that
> > > > response in June, and 40 percent in April.
> > > >
> > > > With eight cuts in interest rates by Federal Reserve policy makers
> this
> > > year,
> > > > almost two-thirds of the respondents said it's a good time to buy a
> > house.
> > > >
> > > > `Still Confident'
> > > >
> > > > ``I'm spending just as much as I did two weeks ago,'' said Lila
> > > Stangeland,
> > > > 34, mother of two in South Brunswick, New Jersey. She and her
husband,
> > > Glen
> > > > Marchese, 35, recently bought a house, and they plan to spend about
> > > $12,000
> > > > to $15,000 on furnishings and landscaping during the next few
months.
> > ``So
> > > > far we are still confident that we'll get a paycheck and spend like
we
> > > do.''
> > > >
> > > > Stangeland gave another reason for carrying on after the attacks.
> > > ``Stopping
> > > > our lives is just going to hurt the economy,'' she said.
> > > >
> > > > The poll, which was taken in telephone interviews from Sept. 18 to
> Sept.
> > > 23,
> > > > has a margin of error of plus or minus 3 percentage points. The
survey
> > is
> > > > taken every six weeks, and the confidence index is computed
quarterly.
> > > >
> > > > Residents of New York were excluded from this survey, since people
in
> > > > disaster areas typically don't respond. The survey was intended to
> take
> > a
> > > > national rather than regional approach.
> > > >
> > > > The attacks two weeks ago, which left more than 6,000 men, women and
> > > children
> > > > missing and presumed dead, have raised concern among economists that
> the
> > > U.S.
> > > > economy, already weakening, would slide into its first recession in
a
> > > decade.
> > > >
> > > > `You Can't Panic'
> > > >
> > > > Even so, consumers have become more optimistic about their
portfolios.
> > > > Fifty-five percent of those polled said they expect the Dow will be
> > higher
> > > a
> > > > year from now, up from 35 percent in the June survey, according to
the
> > > poll.
> > > >
> > > > ``It's frightening when you see your net worth drop,'' said Sara
> Baxter,
> > > 37,
> > > > shopping Friday at a Target Corp. store in Colma, California. Still,
> > ``You
> > > > can't panic.''
> > > >
> > > > She and her husband run a business doing pre-employment background
> > checks
> > > > ``which is going to be even hotter now.''
> > > >
> > > > Fed Chairman Alan Greenspan told Congress last week that ``economic
> > > activity
> > > > ground to a halt'' in the week after hijackers crashed planes into
the
> > > World
> > > > Trade Center towers in New York and the Pentagon near Washington. He
> > said
> > > the
> > > > outlook remains strong for growth in the longer term.
> > > >
> > > > The poll showed the attacks widened the gulf between those who said
> the
> > > > economy is set to improve and those who said it will worsen.
> > Thirty-eight
> > > > percent expect the economy will get better in the next 12 months,
> > compared
> > > > with 35 percent in an August survey. Thirty-two percent of the
> > respondents
> > > > expect the economy will deteriorate in the next year, up from 20
> percent
> > > in
> > > > August, the poll found.
> > > >
> > > > Personal Finances
> > > >
> > > > When asked about the outlook for their own personal finances, 88
> percent
> > > of
> > > > the respondents expect no change or an improvement during the next
> year,
> > > down
> > > > from 93 percent in the June survey, the poll found.
> > > >
> > > > While three-quarters of the respondents said they haven't bought
extra
> > > > groceries or household supplies since the attacks, only 10 percent
> said
> > > they
> > > > canceled travel plans and 5 percent said they delayed a major
> purchase,
> > > the
> > > > poll found. Almost two-thirds said they've given money to charity.
> > > >
> > > > The poll reflected the impact on U.S. airlines. Forty-three percent
> said
> > > they
> > > > are more afraid to fly in an airplane, while 50 percent reported no
> > > > difference in their confidence in air travel, the poll showed. Only
> 19%
> > > said
> > > > they feel very safe flying in a commercial jetliner.
> > > >
> > > > No Change in Plans
> > > >
> > > > Baxter, shopping in California, said she and her husband are
traveling
> > > next
> > > > week to Montana by plane. ``Sure I'd be nervous, but I don't think
I'd
> > > change
> > > > my plans,'' she said.
> > > >
> > > > Consumers may be containing their level of pessimism until they see
> how
> > > the
> > > > U.S. responds to the attacks or whether terrorist groups strike
again,
> > > Witt
> > > > said.
> > > >
> > > > Eighty-nine percent of U.S. adults say they like the way Bush is
> > > responding
> > > > to the assaults, and 78 percent support military attacks against
those
> > > > responsible.
> > > >
> > > > Fifty-five percent said the Social Security surplus shouldn't be
spent
> > on
> > > the
> > > > war effort, and 35 percent said it should.
> > > >
> > > > The survey results showed men and women differed in their degree of
> > > > confidence in the country's future. Thirty-eight percent of women
> expect
> > > the
> > > > economy will worsen in the next year, compared with 26 percent of
men.
> > > Almost
> > > > half of men -- 46 percent -- expect economic growth will accelerate,
> > > compared
> > > > with 30 percent of women, the poll found.
> > > >
> > > >
> > > >
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> > > >
> > > >
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