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Yep, chalk a big one up for the bad guys.
I'd like to think the reaction here in the states would be different but after
the last 10-12 years I just don't know.
I forget who authored this definition, but he
said an appeaser is one who feeds a crocodile in the hopes that it eats him
last. The appeasers definitely have the momentum now which unfortunately
increases the chances of more and bigger attacks both here and
abroad. It also increases the chances of someone occupying the White House
who possesses the same character, principles and voting record of
ted kennedy.
As for the markets, they look extremely
vulnerable as this echo-bubble rally unravels, and any bounce is likely to be
just a bear flag on the daily charts.
----- Original Message -----
From: <<A
href=""><FONT face=Verdana
size=2>jvc689@xxxxxxx>
To: <<A
href=""><FONT face=Verdana
size=2>Realtraders@xxxxxxxxxxxxxxx<FONT face=Verdana
size=2>>
Sent: Monday, March 15, 2004 8:24 PM
Subject: [RT] Politico-Economic Market
Reactions
<FONT face=Verdana
size=2>> The day after 9/11/01, I jumped with both feet into the market with
reserve> cash...and got out with a good profit later. I hated to take
advantage of> a disaster, but the sky was not falling then.>
> This time it is a bit different. A terrorist attack carefully timed
around> a Spanish election likely caused a regime change and a pull out
of Spanish> troops. The same type of thing happened when the Italian
Embassy in Iraq> was attacked with loss of life and the Italian
contingency pulled out.> > We are vulnerable to the same tune. An
attack here around election will> possibly lead to a regime change
here> > So far this is a nominal pullback and as I watched
streaming quotes the> trading seemed sluggish and light. Without the
politico/economic> implications, I would just hang in. But now I am on
the fence, and all> cash> is looking good...pending further market
action this week.> > What say you?> >
Sincerely,> > John> > > > >
> Yahoo! Groups Links> > <*> To visit your
group on the web, go to:> <A
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