Hey Allan, the Dow might be up 3000 pts. by next Thursday. It is that irrational.
On Wed, Oct 8, 2008 at 2:44 PM, Allan Streib <[EMAIL PROTECTED]> wrote: > "andrew strasfogel" <[EMAIL PROTECTED]> writes: > > > So we should wring our hands? Or liquidate all paper assets for gold? > > Or become survivalists? I think the bailout package is a better > > alternative in comparison to any of those choices. > > The point is, this is a plan that was voted on by people who don't > really understand the problem, under time pressure. Therefore it is a > shot in the dark that it will have a positive effect. Doing nothing for > a little longer, thinking about the problem more carefully, considering > other ideas, adopting a plan that would actually fix some of the causes > of the problem, seeing what the market would do, would probably be > better than this. I mean the DOW is at around 9400 today -- would it > really have been any lower had we taken a little more time? FUD says > yes, but I'm not sure. > > Allan > -- > 1983 300D > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
