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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (17873)3/25/1999 8:25:00 AM
From: Roger A. Babb  Read Replies (2) of 18691
 
Dale & all, beware of your short positions today. Likely to be very bullish day now that we are at war! Sad but generally true that war drives the market up in all countries except the victims. Market goes down in anticipation of the war but then rallies when the shooting starts.

I hope this sad event ends quickly without much loss on either side. It pains me that with all of our technology and "smarts" that we still resort to killing one another. Of course now that we have rules against attacking the leaders of the other side, it is only the unfortunate common folk that suffer. I think war would be less likely if the leaders were made to suffer.
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