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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Timoteo who wrote (2700)2/11/1998 8:40:00 AM
From: Ploni  Read Replies (1) | Respond to of 18691
 
The market tanked during the 1990 military build-up against Iraq, but then surged when the actual fighting began.

I agree that the opposite will occur this time: the market has soared and ignored the coming military action, setting itself up for a fall when the shooting starts.



To: Timoteo who wrote (2700)2/11/1998 8:44:00 AM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
Timoteo, I share your sentiment that the Iraq situation might turn the market. The scandal also may. But when the down turn starts, I expect it to be a prolonged event.


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