I still think the odds ofan Iraq attack are no better than 50-50. Much of what we read in the press is propoganda and psychological warfare. If the market concludes that there will be no attack -- the resultant sharp drop in oil prices could trigger a substantial rally.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi