A slightly earlier version of that post:
Posted by: Zeev Hed
In reply to: marvin1946 who wrote msg#
25872
Date:9/16/2002 7:07:27 PM
Post #of 25922
Maybe tomorrow? It seems that about half an hour ago Iraq agreed to
inspections, no conditions, I went at once in the AH and loaded up at the then
asks, BRCD $11.40, BRCM $14.58, QLGC at $32.35, MERQ at $23.12 (could
not get ELX), PNRA at $24.65 NVLS at $23.35 and IDPH at $44. Cash just above
20% and bafck in the bull camp for a nice rally to, I would guess 1388?
Also just got SEBL at $8.15 and JNPR at $6.69. Probably, now they will deny it
or announce the conditions....
Zeev
investorshub.com
[And a later thought on Bush Admin & Iraq:]
Posted by: Zeev Hed
In reply to: Captain_Jack who wrote
Date: 9/16/2002 10:19:20 PM
Post # of 25920
I think you are quite right, but it will confuse the issue fro few weeks, maybe few
months. In the meanwhile, the market may think that the clouds of war have
dispersed (and I hope they have), but frankly, I think the administration will want
its "pound of flesh" (namely a change in regime), and thus longer term this
instability will remain in place. Short term, a good excuse to get a ramp to kill
the puts in the next two days, and then, like clockwork, near the end of the
week, kill the calls.... Asia and the futures are surely looking as if we'll have a big
gap opening, and then a continuing creep up tomorrow.
Zeev
[And, finally, a bold prediction for the rest of the week:]
Posted by: Zeev Hed
In reply to: twee who wrote
Date: 9/16/2002 10:31:53 PM
Post # of 25920
No, I don't think so, I would guess a big rally tomorrow and possibly till
Wednesday after noon and then a dump into Friday.
Zeev
[Sounds probable to me.-Sam] |
