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jdaasoc

03/16/03 8:54 PM

#87621 RE: Zeev Hed #87607

Does Bush's recent forceful call for Palistian state with 1967 boarders change any downturn in market in 2nd half of this year you predicted.

I base my interpretation on the fact that last weeks rally and now sudden futures fall are somewhat based upon US being out of sync with European views. Now that Bush put US clearly in perfect alignment with Europe about Palistian statehood does that sort of clear the decks somewhat after Iraq is settled to have renewed overseas investment in US markets. Dollars overseas may come back in a hurry like last WED.

Dollars seemed to come back into US under Clinton Presidency easily. Bush should have Iraq monkey off back soon and may actually reach out and actually try to be diplomatic with rest of world instead of telling them politely to go to hell.