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Politics : The Bomb Saddam Contest -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (214)2/22/2003 3:26:36 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 261
 
However I expect an all out war will send us below the Oct lows.

Only for a very brief moment, if at all, there is very little room on the down side here no matter how Iraq is resolved, short of a nuclear war, of course...

GZ



To: James F. Hopkins who wrote (214)2/24/2003 12:46:21 AM
From: lifeisgood  Read Replies (1) | Respond to of 261
 
At any rate if the bombs start, the market will panic

I believe the exact opposite will occur. Everybody and their investment advisor is betting their money on the "when bullets fly" theory. Consequently, we will likely see some of this "hot money" surge into the market the first day or two or three after (not if) war begins. After that, it's a slow bleed down, culminating in a devastating continuation of the bear market as everyone comes to the sudden and unanimous conclusion that Iraq is not THE problem with our economy and stock market. It's not going to be pretty when that realization strikes.

best...

LIG