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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (20435)11/9/2001 1:39:37 PM
From: The Freep  Read Replies (1) of 209892
 
A random observation, if you will all indulge me:

On a number of boards I have read "a victory against terrorism" as a reason for another leg of the rally. I concur. What's missing from the boards, however, is any acknowledgement that, God forbid, another terrorist act or a setback in the war happens. While complacency is not evident in put/calls, etc., the assumption that only victory is likely in any given timeframe is a total change from even a month ago.

What does it mean? Probably nothing at all. And believe me when I say that I hope for victories small and large with nary a setback. It's just an observation.

the freep
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