Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (4072)	11/16/2001 3:02:58 PM
From: t4texas	of 36161

will o bin laden's death push markets up? it seems bin laden's death or cave-in disappearance has been discounted by the markets. just today we got a small taste of it with the apparent death by bomb of bin laden's head military planner, atef, did. seemed like the markets reacted for about five or ten minutes, then the markets went on to something else. unless something more unanticipated than bin laden's death happens simultaneously with his demise, the markets may react for thirty minutes or an hour. i also think the market reaction will depend a Lot on where the markets are relative to their highs or lows in their respective price channels. if near highs (as now) not much reaction. if near lows, much bigger reaction.

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