Replies to post #243808 on Zeev's Turnips Patch-No Politics (ZEEV)

[tonytuba]

good thought fred

[Bearmove]

Yup, Bush has created a nightmare.

[marketmaven]

Hey, Fred? These guys are "daydreaming about the Hamptons"

Floor Talk : Regarding this morning's sell-off, some traders on institutional desks that we've spoken to say the key question for most money managers now is, why buy stocks when imminent rate hikes, Iraq, high oil prices (now above $40), lofty valuations in many groups, a deteriorating technical picture, and an uncertain presidential race continue to loom over the mkts? In short, today's trading is a classic case of a lack of buyers, as opposed to panic selling. As the aforementioned concerns continue to outweigh upbeat earnings reports, the sentiment on most desks will continue to be negatively biased until there is some sort of catalyst to induce money managers to stop daydreaming about the Hamptons and go back to accumulating stocks.

[ranch hand]

FRED: I oft wonder if going to IRAQ has made the economy look good? Kinda like Roosevelt on the 40's. Just a thought on a boring day. RANCH

[basserdan]

Just sitting here thinking, with the economy kicking in on all cylinders, can anyone imagine how good things would be if we hadn't gone into Iraq?
===============================================================

Hi Fred,
May I ask just where you think our "kicking in on all cylinders" economy would be w/o the US going into Iraq?

My guess is that it would be sorely in need of a tune-up....