Thursday, July 07, 2005

One More Wedding Picture


My favorite wedding picture Posted by Picasa

3 comments:

Anonymous said...

how come this is your favorite wedding picture?

how come everyone labels these attacks as terroristic? if terroristic means attack on lay people, shouldn't we classify the war in iraq by US as terroristic as well? many innocent died and are dying. can't be terroristic one way and liberators the other - really depends on which side of the fence you are on

it is also hard to comprehend hearing people say that there is no imminent threat of something like this happenning here - the brits never knew - and i doubt the attackers would ever give us any warning

the market dumped on news of the attack, then recouped - so then the market dump after 9/11 is not the real reason why the market dumped

well, happy birthday and keep the blog going

Glenn said...

Can't tell you exactly why I like this picture best, just that it is good. There are several other good ones but,for me, I like this one the best.

Now, I'm suppose to talk about terrorism after that???

I define terrorism as a random act of violence by perpetrators who are trying to surprise innocent victims. As far as the war in Iraq, I don't think that's a random act, everybody knows we're there and that we were coming.

We could argue this point all day but the point you have made and I am trying to make is that these types of things do not really affect the markets for very long. However, there is something that needs to be understood. These types of activities are due to a shift in the way people think. More terrorism is just a symptom of a broader, persistent, pervasive turn in the way people view the world. I'm just suggesting that the market going down is part of that shift as well. It is gradual but it is happening.

By definition, we should expect random acts of violence in the US over the next decade until the shift in people's thinking goes to something else.

The reason I submit this thinking is due to the very core of the market. It has to do with a large sector of the population coming to a similar conclusion. Violence is just a symptom just like the market reaction.

Going back to 9-11 the market had gone down going into the attacks and obviously dropped after the attacks but quickly found a bottom and rallied from there. The attacks were the Event that caused the last of the sellers to come out and sell.

Thanks for the comment and the birthday wish.

Anonymous said...

i must disagree with you that terrorism is random - it is targeted, whether it is civilians or military, with a purpose. now whether that purpose is justified depends on the perspective, whether you are the targeted or the targeting.

yes, i agree with you that we could argue this ad infinitum - because in the end it boils down to: i am right and you are wrong or you are right and i am wrong.

conclusion: no end in sight as long as there people.

so let's make all the money we can - buy right after the attacks and sell at the end of day. sure to make at least 10% in one day