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Subject: Re: Colin Powell doesn't address the UN until 4.30pm after the close


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I can't help it it is th guru in me--my view war stuff
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Date Posted: 07:47:42 02/05/03 Wed
In reply to: U.S Markets.. 's message, "Colin Powell doesn't address the UN until 4.30pm after the close" on 04:28:18 02/05/03 Wed

I appreciate it is all daytrading--and ERG is going to have bad days and everyone only wants it when it is going up not down (I understand this--for I too am a trader as well as an investor)--the thing is though in analysis--I see a share price north of 20---given time--but ofcourse then your talking about the trend on the way there.
To me as it does to Walt and others--represents good value-if financial projections done by Michael Irish and Lost--for next year (not this year) are pretty spot on--gie or take a few million either way--with that sort of time view--let me put it this way---ERG won't be a penny dreadful--and it won't matter what the S&P does--for with those sort of projections coming true--it would evn rise through poxy markets---it is all time ofcourse (appreciate that)
The war---don't support the human misery and the sadness--off the human side (economically) it will see America recover quicker than what it would have done without a war--thats my firm belief--you only have to see WW2--to see that.
Particular sectors--aerospace and all that sort of stuff--Bushy is spending 600 billion--on the military industrial complex (to borrow a Dr Strangelove term i think it is)--and all that money filters through the economy--yeah sure some things may be overvalued in the U.S.--I'm talking about the big picture.
Stevo.

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