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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (9730)11/15/1997 12:57:00 AM
From: Michael Rich  Read Replies (2) of 94695
 
Hi Bonnie,

Noticed there has been a lot of discussion of Saddam on SI.
My question is why are you so sure the market will tank
if we get a little firework in Iraq? I thought everyone knew
the situation there, yet funds started buying from yesterday.
Are we already at a level that many stocks are too attractive
to ignore? I guess big boys understand the external events
come and go...the effect, if there is any, will be short-lived.

Regards.
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