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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (510480)12/15/2003 6:57:31 PM
From: Orcastraiter  Respond to of 769670
 
I think if Saddam would have tried to resist instead of crawling out of that hole on his belly, that the markets would have swung up for a day.

But really, I think the markets were already predisposed to the fact that Saddam was a non issue, ie witness the recent gains in the market. On valuations alone it's time to for a little retracing.

As for the dollar, it's problems are more akin to the rising trade and budget deficits.

Orca



To: gerard mangiardi who wrote (510480)12/15/2003 6:57:42 PM
From: TideGlider  Read Replies (1) | Respond to of 769670
 
They needed to sell off.



To: gerard mangiardi who wrote (510480)12/15/2003 7:01:26 PM
From: Orcastraiter  Respond to of 769670
 
Ask yourself this question: If there was a terrorist strike in the US tomorrow, on the order of the 9-11 attack, what would be the effect on the market?

DOW 7,000 within a week?

Orca


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