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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (61634)12/19/2002 7:50:58 AM
From: GROUND ZERO™  Respond to of 94695
 
Hi Bob,

I think the bias is higher, but the war issue is hanging over the markets like a bad hangover (no pun here)... If we don't go to war, these markets are going to soar... if we do go to war, which I believe is likely, these markets may knee jerk lower, maybe sharply, but when investors realize the war will be over within weeks and see stability in that region of the world, including the weakening of OPEC and the lowering of oil prices as a result, maybe to $18 a barrel post Iraq war levels (remember oil went down during and after Desert Storm), these markets will soar as well... therefore, I think one way or the other, these markets are going to move higher, I think all dips, pull backs, and sell offs must be bought...

The arab world has to realize that now for the fourth time in 100 years, we've been awakened and this country is on the march. We didn't choose this fight, but we're in it. And it will be over in brief order...

GZ