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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: JGoren who wrote (2590)10/7/2001 5:11:47 PM
From: Dr. Id  Read Replies (1) | Respond to of 5205
 
Why do you think it will cause a rally? I could see if just as likely causing a sell off. (hope not, though).



To: JGoren who wrote (2590)10/7/2001 7:29:10 PM
From: Kayaker  Read Replies (2) | Respond to of 5205
 
My guess would be a rally, though more warnings and earnings shortfalls (like SUNW) won't help. Mixed opinions out there....

Strikes may bring relief to US economy, global stress
By Glenn Somerville

WASHINGTON, Oct 7 (Reuters) - The launch of a crushing U.S.-British military offensive against Afghanistan on Sunday could bring relief to an American economy beset with worry about the future, analysts say, although the impact on the rest of the globe is harder to assess....

biz.yahoo.com

Attacks, Earnings to Depress the Market
By Denise Duclaux and Chelsea Emery

NEW YORK (Reuters) - Wall Street is expected to sag this week as Sunday's military strikes against Afghanistan (news - web sites) churn up investor anxiety at the start of the worst corporate earnings season in a decade.

"We are in uncharted waters in the world of warfare," said Hugh Johnson, chief investment officer at First Albany Corp. "That alone will create uncertainty and some buyers will back away from the market."....

dailynews.yahoo.com

Muted Selloff Expected on Afghan Attack
By Javier David

NEW YORK (Reuters) - The U.S. and British-led military strikes against Afghanistan (news - web sites) for the Sept. 11 attacks are expected to whipsaw stock markets around the world on Monday, but the widely anticipated nature of the action is likely to temper any sell-offs....

dailynews.yahoo.com