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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (20326)10/16/2002 11:51:30 AM
From: Roebear  Read Replies (1) | Respond to of 36161
 
Slider,
FWIW, though I have deeply held political and christian religious convictions, I never mix them with business (stock trading) as I have found doing so, diminishes all three (mostly the trading!).

Due to heavy rains forecast, which I have successfully avoided so far this trip, and the fact that I don't like hiking in HEAVY rain and wasn't too far away, we stopped home for a day or two between legs of our vacation.

Perhaps shouldn't have turned on the PC's, but after some catching up on charts etc., began buying PM stock positions after an abstinence from goldies for weeks. Already at 50% and will probably stop there, as will be off to the woods again by tomorrow and a 50% level is the MAX I will hold while out of communication with the market.

But definitely did some PM stock buying on a rainy day!!

Best Regards,
Roebear



To: SliderOnTheBlack who wrote (20326)10/16/2002 6:48:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 36161
 
Slider, Good to talk with you! My sources say that Iraq has already given aid and weaponry to Al Qaeda. Do we only strike convenient sources of the fascist network? Or do also we go in where it's going to be very tough sledding?

In any case it has become very important (speaking as a former oil man) to start diversifying immediately away from uses of oil....Wind power, nuclear power, solar power electric cars, the works....

Meanwhile Israel stands ready to "unleash the dogs of war"....


Bush, Sharon hold White House talks on Iraq
Wednesday, October 16, 2002 Posted: 4:43 PM EDT (2043 GMT)


Sharon and Bush met at the White House Wednesday.



--------------------------------------------------------------------------------


WASHINGTON (AP) -- President Bush, calling Saddam Hussein a dangerous man, said Wednesday after meeting with Israeli Prime Minister Ariel Sharon that he was certain Sharon would retaliate if Iraq attacked Israel.

Bush gave no indication in an Oval Office news conference that he had tried to restrain Sharon, who already has said his country could not stand by if attacked.

"If Iraq attacks Israel tomorrow, I would assume the prime minister would respond," Bush said.

Sharon, in brief remarks, said Israel had never had a better friend in the White House than Bush: "We never had such cooperation in everything as we have with the current administration."

Bush's father, by contrast, pressured Israel to stay out of the Persian Gulf War in 1991, and then-Prime Minister Yitzhak Shamir complied, even after Iraq hit Israel with 39 Scud missiles.

"He's got a desire to defend himself," Bush said of Sharon's situation.

Bush said Saddam has to understand the international community would not condone an attack on Israel or any other country. "He is a dangerous man. He has gassed his own people. That's why he has to be disarmed," Bush said.

On the Arab-Israel front, Bush said Sharon had assured him he will turn over tax revenues withheld from the Palestinians to the Palestinian people. But Bush said there must be assurances the funds are not used to promote terror.

The president also said he would send Assistant Secretary of State William Burns to the Middle East to work on concrete security and peacemaking moves.

On the troubled border between Israel and Lebanon, the president expressed support for the Israeli government in the event of an escalation of attacks by Hezbollah guerrillas.

"We are making it clear we will fight terror wherever it exists," Bush said. "We expect Hezbollah not to attack our friend."

The guerrillas, who have been fighting a cross-border war with Israel, are armed by Iran and supported by Syria, two nations which are listed annually as sponsors of terror by the State Department.

Sharon, accompanied by Israeli National Security Council Chief Ephraim Halevi, arrived from Jerusalem early Tuesday for a three-day visit focusing mainly on security-related issues. Wednesday's call on the White House was his seventh since taking office in March 2001.

The United States has been pressing Israel to pull out of at least one of the six West Bank cities it still holds after taking over seven cities in June. It had already pulled out of Bethlehem, but maintains a military presence and often tight curfews on the rest.

The U.S. ambassador to Israel, Daniel Kurtzer, sent a letter to Sharon over the weekend calling for troop withdrawals, the easing of restrictions on the movements of Palestinians and the handover of hundreds of millions of dollars in Palestinian tax revenues that Israel has withheld.

Although officials on both sides say the underlying Israel-U.S. relationship is rock solid, Israel has taken repeated criticism from Washington recently over its siege of Palestinian leader Yasser Arafat's West Bank headquarters, civilian casualties in Israeli strikes against Palestinian militants and repeated Israeli pledges to hit back hard against Iraq if it again attacks Israel.

Bush and his top advisers are anxious about the impact an Israeli response might have on Arab nations already uncomfortable about a prospective war with Iraq and resentful of what they consider the U.S. failure to change Israel's policies regarding the Palestinians.

Should another war break out, the United States will not be in active alliance with Arab armies, as it was in 1991. Israel now has what it says is a far more effective anti-missile system, the Arrow, developed in cooperation with the United States.

Many Israeli analysts say the country cannot again fail to react if it expects to be taken seriously in the future by hostile neighbors. Prominent among those urging a tough response is former prime minister Benjamin Netanyahu, Sharon's toughest rival for leadership of the conservative Likud party.

On Tuesday evening Sharon met Bush's national security adviser, Condoleezza Rice. Sharon spokesman Raanan Gissin described that meeting as preparation for the talks with Bush, but had no further details.

During his stay Sharon also is scheduled to hold talks with Secretary of State Colin Powell, Vice President Dick Cheney, Defense Secretary Donald H. Rumsfeld and congressional leaders. He will head home Thursday.

In his talks with Bush and other U.S. officials, Sharon was expected to discuss a water dispute causing new tensions between Israel and its neighbor to the north, Lebanon.

Israel strongly opposes Lebanon's plans to start pumping water from the Wazzani River, a Lebanese tributary of the Jordan River, which is one of Israel's main freshwater sources.

Israeli officials have hinted that ultimately Israel may use force to stop the project, but they say Sharon has agreed to U.S. requests to try to resolve the dispute by diplomatic means if possible.