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To: Alex who wrote (22847)11/11/1998 12:20:00 PM
From: Stephen O  Read Replies (1) | Respond to of 116790
 
FWIW I think we are 14 days or less away from air strikes.



To: Alex who wrote (22847)11/11/1998 10:08:00 PM
From: CIMA  Respond to of 116790
 
Good evening to you all. United States, United Nations and
several other officials and foreigners have been told to leave Iraq. US
warships and planes have been deployed into the Persian Gulf, which will
lead to double the normal forces for the region. In Israel, the
government has authorized the distribution of gas masks to all
citizens.

All these facts do not add up to the possibility of war. However, the
uncertainty provides the strong possibility of moving stock markets
downward as we head into the end of the week and into the weekend, where
investors will want to reduce their equity exposure.

On the other hand, such trouble provides the strong possibility of upward
pressure on gold bullion, oil and related stocks. This is especially
true for the latter, as many oil users will want to ensure their supply
going into the weekend.

That is all for now.

Have a great evening.

Regards,

AGORA

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