Zeev's Turnips Patch-No Politics (ZEEV)

[chainik]

<Despite all the saber rattling the odds of a war in the Middle east are going down IMHO>

George,

This is probably the most important point for near-term market direction. If peaceful solution is found, we may rally big time (although the rally will be short-lived).

The unilateral attack on Iraq may inflict a huge political damage to US and precipitate economic collapse. Even mentally retarded should be concerned about taking these risks. And what for? Cheap oil? - there should be easier and less risky ways to get it. Attack by Iraq on US may cripple US economy? - that's a pretty amazing idea. Out of respect for mlsoft I'll refrain from my four letter comments about politicians who make such statements.

Asylum in Russia or in China would be a beauty although right now it seems like a wild idea.

All IMO of course.