Replies to post #25960 on Profunds index and sector trading (PRO)

[otraque]

Sunday in Iraq is the 30th, the election occurs on the 30th.period.
<<I don't think the elections are meaningful for US markets because nothing will really change after they're over and I expect most people in the US feel that way.>> Traders will play any angle, and now they are thinking the uncertainty rule will go into effect--election happens uncertainty over, that is all that matters, that idea.
They could be extremely wrong, but i think they could go for the play.

[was Steve]

i would never make such a bet and neither were you, but thats not a job i would want. the elected official wont have the price tag of osama or that other dirtball, but he will become the most wanted man in iraq.