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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Cactus Jack who wrote (8357)	10/24/2002 1:44:16 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

yes, gold silver oil ngas I dont intend to play shorterm stuff like now this will fade, crushing bullish spirits amazing how stupid the masses can be they now actually believe a war will be beneficial for our sluggish economy what horseshit it would raise the rising energy costs, threaten oil shipping lanes, increase likelihood of terrorist activity within the USA, tilt our economy even more toward defense and security, away from capex and retail what lunacy very shorterm, signals are improving only because of massive massive downdraft in most stocks when oversold is resolved, then what? back to the fundamentals, which stink on ice !!! watch banks and chipsemis, both suck still the biggee is Sunday with Brazil elections a bomb was averted in Sao Paolo outside their stock exchange the radical Lula de Silva is heavily favored and ahead he wants to default on Brazil's $350 billion foreign debt JPMorgo owns $4B of it Citibank owns $11B of it Spain's Banco Santander owns about $30B of it a default could ruin Spain's entire bank system, and set up derivative events in the US bigbank arena does CNBC cover that? / jim