Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (68708)	3/14/2003 5:14:58 PM
From: zonder	Respond to of 70976

I think the market decided it doesn't matter much I am not sure if that is a safe assumption. PM Erdogan was saying today that they will consider a second resolution right after the vote of confidence. My feeling is that there is still an expectation in the market. At this point I think a US attack on Iraq may actually cause a [US] market rally.</I. Actually that is what happened yesterday, I think. Based on what happened in 1991, a lot of rally monkeys said, "OK, war on Monday means I have to get in now". I am not sure how that would effect your scenario. There is not much relation. You see sell-offs in developing markets related to US stock market performance when the latter is in serious bear periods, because fund managers want to at least cash in the gains they have made on that end. Other than that, a rally in the US does not really affect the market in a developing country, except that it gives a slight boost of optimism like any other market.