George, i agree totally and believe any subsequent rally emanating from positively perceived iraq related events will be unsustainable, short-lived and therefore s/b sold into. LEON
<With everybody (bulls and bears) expecting an iraq relateded rally, the odds of a substantial rally from thse events look mightly slim unless the market is really decimated first>
Totally agree with you. The point I was trying to make (actually, it's Fleck's point) is that should we tank within a few weeks, it may be a good idea to cover and to reshort after the lovefest (national pride: we are so good at killing unarmed people - let's put American flag on every SUV) is over.