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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (41850)3/19/2011 12:15:08 PM
From: E_K_S  Read Replies (1) of 78763
 
French fighter jets deployed over Libya
edition.cnn.com

From the article:"..."As of now, our aircraft are preventing planes from attacking the town," he said. "As of now, our aircraft are prepared to intervene against tanks."..."
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"...Asked whether the decision to carry out bombing against Libyan forces could begin immediately after Saturday's session ends, a senior State Department official said: "In terms of when the bombing starts, I'll leave that for others to lay out at the appropriate time."..."

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Oil closed at $101/barrel Friday and I expect we will see $125/barrel before this is done especially if cruise missiles are launched. over the weekend.

Not too sure why the U.S. is sending amphibious ships to the region as the President stated "No Boots On The Ground".

U.S. to deploy more ships to support Libya planning
ca.news.yahoo.com

From the article:"...WASHINGTON (Reuters) - The United States will deploy additional amphibious ships to the Mediterranean, the military said on Friday, as part of the Obama administration's plans for responding to ongoing violence in Libya.

The USS Bataan Amphibious Ready Group will deploy on March 23 "ahead of its original schedule in order to relieve units from the USS Kearsarge (Amphibious Ready Group) currently positioned in the Mediterranean Sea," it said in a statement.

The arriving group includes the amphibious assault ship USS Bataan, based in Virginia, and other ships...."

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I think that many of the Domestic and Canadian Energy companies just increased in value as the political risk in the Mid-East just moved up significantly.

EKS
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