On my way to
This letter was going to be a 2 or 3 page
market update with how various "systems" predict the market. Such as
the Superbowl, the January effect, planetary alignment, wave theories and
ladies hemlines: some positive notes on the market and a review of how the
market performed during the last gulf war with IRAQ.
Then on Saturday evening as we were
preparing to go out for dinner, I turned on CNN to catch the news and was
greeted with the Columbia tragedy. As I watched the news unfold I couldn't help
but draw some parallels and coincidences of past tragedies.
Seventeen years ago the Challenger was to
take our first civilian (a schoolteacher) into space. All died during the
launch phase.
Columbia took our first foreign astronaut
into space: all died upon reentry.
The diversity of the members: 5 men, 2
women. A Jew from Israel, 3 whites a black and a women who was born in India,
reminded me of the World Trade Center tragedy. 9-11 was not just a U.S.
tragedy, but an international tragedy that crossed all races, religions and
nationalities.
Then there was the news that some of the
first rumblings were heard over Palestine, Texas. All of this began to give me
an erie and chilling feeling.
One of the NASA spokesman asked, "Why
does it take such tragedies to bring us together?"
My thoughts wondered the next two nights
and I decided to rewrite this letter. And since it has nothing to do with your
investments, I'm not quite sure why except that when President Bush ended his
remarks with "God Bless America", I thought perhaps we should add
"and may God bless and save our world."
Till next time.
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