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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: sean sanders who wrote (11667)4/20/2002 1:35:57 PM
From: gmccon  Read Replies (1) | Respond to of 19219
 
The problem in the Middle East mess is that the Israeli system of gov amounts to aparthide. Their gov is based in a religion, wherein virtually all practitioners are white. And, of course, their gov exclude Arabs (Palestinians), who are essentially, people of color.

As these issues are dealt with, "W" cannot trash the economy. His legacy will be that he was elected for a second term, and of course that he killed/removed Sadam, neither of which his father could do.

So, in my view, W will do what he can to keep a lid on all of this, yet at the same time, keep pressure on the Axis of Evil until those problems do as much as they can to take care of themselves. In the end, the US will not put up with the madmen of the world, and the world knows it. A lot of countries (in Europe and Asia) will trash-talk whatever our approach might be, but they will not stand in our way.

All of which, I believe, means we are at market bottoms.

Then, when the world economy realizes that it is indeed Geo W who is running their affairs, and in an intelligent manner, the markets will rally. After all, if the best the terrorist can do in the near term is threaten some banks in the East, they must not have too much going for them.

The gamble in staying invested during these events is that if they do kill several hundred thousand of us in another attack or two, the markets will tank. (Look for major short interest by you-know-who just before this happens.) Even then, and thereafter, we will turn Israel's hate loose on them and they (Israel's enemies) will be killed in massive numbers. The Arabs know this, of course.

Eventually the world will establish that the enemy is Saudi Arabia. (A bunch of fat, ignorant monkeys sitting on massive puddles of black liquid, with nothing else going for them.) Everyone else of their religious persuasion is simply dancing to their organ grinder. Who should fix bomb-damaged Muslim homes in Afghanistan? Or rebuild Palestine's recent damage? Please. It's all a game to the Saudis. In between bouts of over indulgence in Western sin (food, women, gambling, etc.), the hypocrites sit around on their fat asses, laughing about all of this, because they are essentially controlling it all. The world will eventually get a clue.

In the next 6 months or year or so, the West will come to realize that Saudi Arabia is the enemy, at which time the political economy will react.

Go long. Good will prevail. It always has.

greg