SPDR S&P 500 (SPY)

[leftyg]

Hi smartone.....I agree with your thought, but with an exception:

1. Yes, when Israel gets ready to strike, they will not warn. The warning now is to rachet up pressure on Iran to be more forthcoming with International oversight.

2. Unless Iran does an about face......Israel will be compelled to strike. Compelled is not too strong a word..Israel simply cannot let a mortal foe, only 600 miles away, have nuclear weapons. Strike they will, without concrete guarantees that Iran is not going to develop warheads.

3. The major question, I think, is not the probability of a strike..but the timing. It is evident that they will strike on Bush's watch. I don't agree with the timing of before the election for obvious reasons, given the anti-war sentiment.

Expect a strike between Nov 15-Jan 15, imo. regards.