So is that all stocks? Well, yes and no. The rollover effect does occur, but I think the public will spend their money one way or another. If they don't go on vacations, they may buy more clothes or eat out more. In fact, JCPenney just announced that their sales in September exceeded expectations.  

Industries where we will see good growth will be in defense stocks, communications stocks, certain health care stocks, and any other companies that are in some way or another linked to the US military. I believe these are the industries to invest in at least the next year or so. Personally, I think at least communication stocks have seen their lows so I reiterate buying Motorola.  

Looking at the bigger picture, the Feds passed a huge tax cut, the Feds have dropped interest rates again (7th time this year), the economic slowdown has been going on for nearly 18 months, the Feds just pumped another $100+ BILLION into our economy, and we are in war. All positive signs for economic growth. Surprisingly, destruction is good for an economy (to a certain extent). Also, for every dollar the Feds pump into the economy, it is felt between 2.5 to 4 times (or $1=$2.50 to $4). Therefore, essentially, we have just seen another $250-$400 BILLION dollars enter our economy, not to mention the tax rebates and tax cuts. 

The only red flag I see in our future is how the American public reacts to this attack. If, in fact, they do cut spending way back, and their confidence is dwindled, this downturn may not be over yet. Unfortunately, even with all the positive indicators, the consumers have the last word on whether this is the end of our bear market. 

Warren Buffet, one of the most accurate analysts in America, says that we are most likely heading into a deep recession.  I believe him over most everyone else because he has his money invested where his mouth is.  He has not become the richest man in the world by accident or sheer coincidence.  

"...And that's the way she looks from this chair today."

GX- "...so I recommend keep buying more shares if the stock price keeps going down, because they will not declare Chapter 11."  This was my quote from last month.  Well, I take that back.  In hard times like this, the ethics (or lack thereof) of companies are beginning to show.  Global Crossing's CEO has repeatedly praised the company, yet he sold his stock in the company.  Other managers have done the same.  The recent numbers show that GX's assets equal their liabilities, so GX and its shareholders have no equity... they own nothing.  One of GX's largest partners, Exodus Communications, recently filed Chapter 11.  GX is talking about merging with Asia Global Crossing in an effort to ease its financial strains.  With the merger, GX will have its fifth CEO since 1998... another pessimistic sign for the company.  Even though they are huge and have state-of-the-art equipment, GX has bad ethics, bad management, and bad numbers.  Therefore, my recommendation at this point in time is sell.  I may recommend buying GX a few months down the road, but right now I believe money can be better invested elsewhere.

GTNR- With the attack on the World Trade Center, businesses are afraid to send their employees on business trips for meetings.  Businesses like Gentner have really skyrocketed since then, because Gentner allows businesses to conduct meetings cross-country without traveling.  At this point, it is hard to determine if Gentner will continue to climb or if it has seen its growth for the near future.  If the stock dips down below 13ish, I recommend a buy.  If you already own some, my suggestion would be to place a stop order at a price where you feel would be a comfortable profit.  That way, if the stock does continue to climb, you still own it.  If it drops, you made a profit.

MON- Monsanto is a good solid company that has market share in the agricultural industry.  They have superior products in seed and chemicals, both items farmers rely on for a crop.  Don't expect to get rich quick with Monsanto, but it is a slow and steady climber and may be very profitable in a year's time.  There's a strong support line at 32, and a resistance line at 35.