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Brit Hume hearing of London attacks:"Time to buy futures"

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dbeach Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-08-05 05:26 PM
Original message
Brit Hume hearing of London attacks:"Time to buy futures"
yep and my first thoughts were :.."don't do the crime if ya can't do the time"

What were your first thoughts???

http://mediamatters.org/items/200507070007

"Hume's "first thought" on hearing of London attacks: It's "time to buy" futures

During Fox News' coverage of the July 7 London bombings, Washington managing editor Brit Hume told host Shepard Smith that his "first thought," when he "heard there had been this attack" and saw the low futures market, was "Hmmm, time to buy." Smith had asked Hume to comment on the lack of a negative U.S. stock market reaction to the London attacks.



HUME: Well, maybe. The other thing is, of course, people have -- you know, the market was down. It was down yesterday, and you know, you may have had some bargain-hunting going on. I mean, my first thought when I heard -- just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, "Hmmm, time to buy." Others may have thought that as well. But you never know about the markets. But obviously, if the markets had behaved badly, that would obviously add to people's sense of alarm about it. But there has been a lot of reassurance coming, particularly in the way that -- partly in the way the Brits handled all this, but also in the way that officials here handled it. There seems to be no great fear that something like that is going to happen here, although there's no indication that we here had any advance warning.

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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-08-05 05:54 PM
Response to Original message
1. How does one find out if
there was a sell-off of the British Pound in the financial market?

before hand that is
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dbeach Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-08-05 06:01 PM
Response to Reply #1
2. by being :"in with the inn crowd"
its another of dem dere mazing concidences in the reign of bush

family bush:'Always near the crime
NEVER the indicted criminal"

destiny is the great equalizer whle walking the 'razors edge"
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