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Nice to see that you consider current market risk to be high. I can't remember the stock market to have ever been classified as a low risk investment, but I would certainly appreciate it if you could tell me when risk is minimal so I can mortgage my home and dump everything into the market.
IMHO, any negative response to Iraqi attack, if there is one at all, will be short lived since victory, or at least the accomplishment of our objectives, is virtually 100% certain. As evidenced by the response to the attack by some members of Congress yesterday, it is evident that the stupidest species of life on this planet remains the Republican version of humanity. Connecting the timing of the attack to the scheduled vote on impeachment would make no sense at all, since the last thing Clinton would want to do is take a step that would turn the Republicans against him with even greater fervor than they have been exhibiting. Anyway, it looks like the lynch mob will have to put their nooses away for a few days to support our fearless leader. After the bombing is over they can drag him out to the nearest tree and string him up.
The market has been in a consolidation period for three weeks - good time to sit on longer term winning positions, not too good for throwing new money at stocks or funds.
Finally, based on extensive calculations, I am currently raising my long term price target for Amazon.com to $ 47,000 per share. Since the stock is now available for under $ 300, I would advise everyone to get on board now !!! What a joke !!!
Bernie
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