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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (14140)	2/15/1998 11:40:00 AM
From: Jyoti sharma	Respond to of 18056

Zeev, >>>once the economic depression takes hold in these countries, they will become fertile ground for demagogues that will fire up the fundamentalist Muslim movement. Literary Arabic, the language that unifies all Moslems, is a powerful instrument in the tongue of a charismatic orator. If the economic situation deteriorates much more, I could see destabilization from west North Africa to east Indonesia. << You may be right if the economic conditions become really bad in SEA. In that case I see DJ 6000 rather than 9000 and we should all be buying puts. My own guess is that problems in SEA will not be allowed to become that bad by US Govt and Japanese Govt. Indonesia is a special case because of political corruption at the top in other countries the worst may be over. Any way that's what I am hoping. About Moslems, I do not consider them a monolithic block. I grew up with moslem friends and I think their zeal for Islam is inversely proportional to their wealth. Moslems in general though are more religious than other faith. ( Please do not get upset, just my observation not based on any statistical data or proof) Jyoti

To: Zeev Hed who wrote (14140)	2/15/1998 3:52:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 18056

ZEEV: Fundamentalist fervor from economic problems will be greatly intensified if US attacks Iraq killing large numbers of civilian. Frankly if I were a Moslem such an attack would enrage me. That is why I maintain the LONG TERM consequences of a such an attack will be quite bearish for financial assets and very positive for gold. Short-term impact probably will be just the opposite. The media will be filled anew with images of "invincible" smart weapons taking out their target. (Of course the inevitable blunders and failures will not be mentioned) and traders will remember the market boom that followed the 1991 gulf "war". A great selling opportunity for those with vision.