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Subject:  Re: Buying stocks and Patriotism Date:  9/19/2001  11:33 AM
Author:  Newbie2001 Number:  786 of 4217

Today is undeniable evidence that propping up the markets is a bad idea. We could have had the normal/healthy sharp decline and oversold bounce but looking at todays action it appears that a prolonged volitale decline is in order. Again, I don't believe that there was any malicious deception going on....more of just an honest attempt to cushion the decline, but as we've witnessed today and I'm sure in the days to come market manipulation is dangerous.....more dangerous than a steep decline. Buying and selling the open markets is the purest form of capitalism. Adding artifical mechanisms to the system (programmed buying, curbs, market manipullation) ultimately contribute to the demise of that market and the system as a whole. Our nation is in the midst of a great national tragedy. Let the markets have a chance to weep in sympathy with our human loss and recover in concert.
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