Will Bush Bomb Iran

[enduser1]

You forgot one other explanation - that the Fed may not lower interest as the market expects. While that seems to be a lot of money on puts - it is very realistic that portfolio and pension fund managers maybe hedging their long positions just in case the Fed disappoints.

BTW - there was an explanation to the puts on those airlines - turns out most where institutional investors betting against those airlines for good reason - their business was sucking wind - all 9/11 did was push them off the cliff.


bbk

Yeah,

Remember that the markets went up after 911. The wierd thing is that people don't seem to remember that. People seem to "remember" that 911 "caused" a market decline, when in fact it didn't.

Woody's article does refer to an unusual "outlier" so I guess we will have to wait and see.

To me this seems like a short term bottom though. There is a surfiet of pessimism. Negativity abounds. Might be a time to buy stocks!

EU

 

[train]

Yeah,

Remember that the markets went up after 911. The wierd thing is that people don't seem to remember that. People seem to "remember" that 911 "caused" a market decline, when in fact it didn't.

EU

Are you sure about that ? I thought the NYSE went down about 2000 points ( from over 10,000 to something in the mid 8,000's) in about 2 weeks right after 9/11 and didn't fully recover for a year or so.

I may be be wrong but I'd double check that.

 

[jackd1959]

Please at least try to be accurate

Yeah,

Remember that the markets went up after 911. The wierd thing is that people don't seem to remember that. People seem to "remember" that 911 "caused" a market decline, when in fact it didn't.

Woody's article does refer to an unusual "outlier" so I guess we will have to wait and see.

To me this seems like a short term bottom though. There is a surfiet of pessimism. Negativity abounds. Might be a time to buy stocks!

EU

Dow dropped after 9/11 and continued to drop until 2003. The Feds closed the markets on 9/11/2001 to stave off a panic and did not open them again until 9/17/2001.

Nasdaq closed up 8 points when the market reopened on 9/17/2001 but dropped over 110 points the next day.

The stock markets were already realing from the "internet bubble burst" but 9/11 killed any ability to recover for over two years. Market volatility was unbelievable... any whisper of a terrorist attack sent it realing. I lost over $850,000 US (on paper) in that two year span... but being a long term investor I did end up getting it back.

DOW
28-Sep-01 8,679.07 8,945.68 8,633.75 8,847.56 1,727,400,000 8,847.56
27-Sep-01 8,567.46 8,757.47 8,398.14 8,681.42 1,467,000,000 8,681.42
26-Sep-01 8,660.06 8,766.81 8,457.37 8,567.39 1,519,100,000 8,567.39
25-Sep-01 8,605.59 8,778.23 8,435.56 8,659.97 1,613,800,000 8,659.97
24-Sep-01 8,242.32 8,733.39 8,242.32 8,603.86 1,746,600,000 8,603.86
21-Sep-01 8,356.56 8,484.22 7,926.93 8,235.81 2,317,300,000 8,235.81
20-Sep-01 8,375.72 8,711.38 8,304.45 8,376.21 2,004,800,000 8,376.21
19-Sep-01 8,903.54 8,990.37 8,453.01 8,759.13 2,120,550,000 8,759.13
18-Sep-01 8,922.70 9,126.89 8,743.91 8,903.40 1,650,410,000 8,903.40
17-Sep-01 9,294.55 9,294.55 8,755.46 8,920.70 2,330,830,000 8,920.70
10-Sep-01 9,603.36 9,740.44 9,431.07 9,605.51 1,276,600,000 9,605.51
7-Sep-01 9,841.25 9,842.08 9,507.04 9,605.85 1,424,300,000 9,605.85
6-Sep-01 10,028.35 10,053.73 9,762.03 9,840.84 1,359,700,000 9,840.84
5-Sep-01 9,998.12 10,140.79 9,820.98 10,033.27 1,384,500,000 10,033.27
4-Sep-01 9,946.98 10,238.50 9,858.34 9,997.49 1,178,300,000 9,997.49
31-Aug-01 9,918.96 10,072.22 9,846.72 9,949.75 920,100,000 9,949.75

 

[WoodPeckr]

Dow dropped after 9/11 and continued to drop until 2003. The Feds closed the markets on 9/11/2001 to stave off a panic and did not open them again until 9/17/2001.

That's the way I recall it also.
Most lost about 50% of their investiments.

Now GOPer Ron Paul running for president, is predicting it is going to happen again......
Hope he is wrong.

Congressman: Stock Market Will Eventually Collapse

Ron Paul says martial law provisions in place to deal with economic discord

Paul Joseph Watson
Prison Planet
Wednesday, August 29, 2007


Texas Congressman and presidential candidate Ron Paul says that attempts to rescue an ailing stock market last week, during which the Fed pumped in billions in liquidity, were merely a stop gap measure - and that an economic collapse is all but inevitable.

"They think that they can control it but eventually they can't, as powerful as they are eventually the markets are more powerful," the Congressman told the Alex Jones Show yesterday.

"The dollar can't be kept in check because eventually it will come unwound," he added.

"But I think the most significant figure we've heard in the last few weeks is the measurement between 2000 - 2005, the clear cut admission that real income has gone down, which is a reflection of the dollar."

Paul explained that recent attempts to pump liquidity into the markets are only a temporary fix and that the long-term effects of doing so spell disaster for the economy.

"The dollar is plunging no matter what you read and hear about and no matter how hard they work to keep the bubble going the only way they can do that is creating more money....causing the dollar to go down even faster, the market seems to be reassured - there's a contrivance to try to hold this together....but it won't last, eventually it's going to collapse," said Paul.

 

[enduser1]

Hi,
I don't know where my response went. But anyway. In short Bush gave his speech on September 20, 2001 the market bottomed and rallied the next day in what I call patriot rally one. It rallied until December. Then sank again until roughly the start of the Iraq war when it soared in patriot rally two.

EU

 

[frasier]

That's the way I recall it also.
Most lost about 50% of their investiments.

Now GOPer Ron Paul running for president, is predicting it is going to happen again......
Hope he is wrong.

Congressman: Stock Market Will Eventually Collapse

Ron Paul says martial law provisions in place to deal with economic discord

Paul Joseph Watson
Prison Planet
Wednesday, August 29, 2007


Texas Congressman and presidential candidate Ron Paul says that attempts to rescue an ailing stock market last week, during which the Fed pumped in billions in liquidity, were merely a stop gap measure - and that an economic collapse is all but inevitable.

"They think that they can control it but eventually they can't, as powerful as they are eventually the markets are more powerful," the Congressman told the Alex Jones Show yesterday.

"The dollar can't be kept in check because eventually it will come unwound," he added.

"But I think the most significant figure we've heard in the last few weeks is the measurement between 2000 - 2005, the clear cut admission that real income has gone down, which is a reflection of the dollar."

Paul explained that recent attempts to pump liquidity into the markets are only a temporary fix and that the long-term effects of doing so spell disaster for the economy.

"The dollar is plunging no matter what you read and hear about and no matter how hard they work to keep the bubble going the only way they can do that is creating more money....causing the dollar to go down even faster, the market seems to be reassured - there's a contrivance to try to hold this together....but it won't last, eventually it's going to collapse," said Paul.

Given the current uncertainty 5% in the money market look pretty good right now.
Although you can't go wrong with a nice bluechip stock that pays a 5% dividend..like Bank of America...yeah I own some..so go and buy some...

 

[WoodPeckr]

lange,
Bank stock, surely you jest!!!!!!....

 

[frasier]

lange,
Bank stock, surely you jest!!!!!!....

Oh asolutely..Bank of America is a great buy now, the wallstreet lemmings (and those who follow them) have in a frenzy sold off most bank stock, without regard if the bank had been involved in subpar lending or not.

I lost some money before the market came down from 14000, but recovered 50% by going in to BAC.

 

[danmand]

Oh asolutely..Bank of America is a great buy now, the wallstreet lemmings (and those who follow them) have in a frenzy sold off most bank stock, without regard if the bank had been involved in subpar lending or not.

I lost some money before the market came down from 14000, but recovered 50% by going in to BAC.

Would you care to buy some Bank of Montreal?

 

[frasier]

Would you care to buy some Bank of Montreal?

I already have some.....but haven't looked at it for a while...but now that you mention it I should check...don't scare me like that..I thought Canadian banks were immune from the mortgage mess???

 

[WoodPeckr]

I already have some.....but haven't looked at it for a while...but now that you mention it I should check...don't scare me like that..I thought Canadian banks were immune from the mortgage mess???

Maybe Harper agreed to take some US notes on, then dump it on Bank of Montreal on Laddie's suggestions.......

 

[frasier]

Would you care to buy some Bank of Montreal?

it's down for the year, but still has a 4.28% dividend, not great but ok.

 

[assoholic]

Ron Paul is the only honest voice in this election. The only friend to the little guy.
The rest are bought and paid for.
The Dollar will crash, it's a matter of when and by how much.
If the people in power gave a crap about the rest of us.
Maybe with the right measures, it wouldnt be too drastic.
But they don't care, if there is a depression tomorrow,
it will not effect them, or their friends.
So what do they care, try and sieze the ME, if you get it you are
even wealthier, and you have an anormous control over the rest of the world's
economies. Think of the power.Because that's what they are thinking about.
If you fail and you bring on a depression.
Then it's joe six pack who bears the burden.

 

[Potang4U]

Iraq is a mess,
Afghanistan is a mess
now going for a 3rd middle eastern country,Iran.
Still haven't taking care of the other two.
More troops will die,more (collation)will join to help
more bomb threats,more fear to everything,racial intollerance to ethnic people.
US wags a dog a bone,,,UK and Canada fetches along.
Economy and Stock market suck-alot,Oil prices sky rockets.

When Bush's term is up...every nation with a grudge with US will hire it's national hit-man.And this time there will be no national funeral like Kennedy.

 

[WoodPeckr]

Cheney Orders Media To Sell Attack On Iran

Team 'w' propaganda about to be kicked up BIGTIME for attacking Iran.

Fox News, Wall Street Journal instructed to launch PR blitz for upcoming military strike

Paul Joseph Watson
Prison Planet
Tuesday, September 4, 2007


Dick Cheney has ordered top Neo-Con media outlets, including Fox News and the Wall Street Journal, to unleash a PR blitz to sell a war with Iran from today, according to Barnett Rubin, the highly respected Afghanistan expert at New York University.

The New Yorker magazine reports that Rubin had a conversation with a member of a top neoconservative institution in Washington, who told him that "instructions" had been passed on from the Office of the Vice-President to roll out a campaign for war with Iran in the week after Labor Day.
"It will be coordinated with the American Enterprise Institute, the Wall Street Journal, the Weekly Standard, Commentary, Fox, and the usual suspects, writes Rubin, "It will be heavy sustained assault on the airwaves, designed to knock public sentiment into a position from which a war can be maintained. Evidently they don’t think they’ll ever get majority support for this—they want something like 35-40 percent support, which in their book is “plenty.”

Rubin subsequently confirmed with a second source that the propaganda coup had been launched and the individual, another top Neo-Con at a major think tank, had this to say about it: “I am a Republican. I am a conservative. But I’m not a raging lunatic. This is lunatic.”

(Article continues below)

Related stories:
Selling War with Iran: Next Week at AEI
By Spencer Ackerman - September 4, 2007, 2:45 PM

Why Bush Can Get Away with Attacking Iran
By Jean Bricmotnt | 09/04/07 "Counterpunch"

 

[WoodPeckr]

Staging Nukes for Iran?

Those five nukes on that B-52 may have something to do with Iran

By Larry Johnson | Wednesday, September 5, 2007

Why the hubbub over a B-52 taking off from a B-52 base in Minot, North Dakota and subsequently landing at a B-52 base in Barksdale, Louisiana? That’s like getting excited if you see a postal worker in uniform walking out of a post office. And how does someone watching a B-52 land identify the cruise missiles as nukes? It just does not make sense.

So I called a old friend and retired B-52 pilot and asked him. What he told me offers one compelling case of circumstantial evidence. My buddy, let’s call him Jack D. Ripper, reminded me that the only times you put weapons on a plane is when they are on alert or if you are tasked to move the weapons to a specific site.

Then he told me something I had not heard before.

Barksdale Air Force Base is being used as a jumping off point for Middle East operations. Gee, why would we want cruise missile nukes at Barksdale Air Force Base. Can’t imagine we would need to use them in Iraq. Why would we want to preposition nuclear weapons at a base conducting Middle East operations?

His final point was to observe that someone on the inside obviously leaked the info that the planes were carrying nukes. A B-52 landing at Barksdale is a non-event. A B-52 landing with nukes. That is something else.

Now maybe there is an innocent explanation for this? I can’t think of one. What is certain is that the pilots of this plane did not just make a last minute decision to strap on some nukes and take them for a joy ride. We need some tough questions and clear answers. What the hell is going on? Did someone at Barksdale try to indirectly warn the American people that the Bush Administration is staging nukes for Iran? I don’t know, but it is a question worth asking.

Larry C Johnson Bio
Mr. Johnson, who worked previously with the Central Intelligence Agency and U.S. State Department’s Office of Counter Terrorism, is a recognized expert in the fields of terrorism, aviation security, crisis and risk management.

 

[enduser1]

Those five nukes on that B-52 may have something to do with Iran

By Larry Johnson | Wednesday, September 5, 2007

Why the hubbub over a B-52 taking off from a B-52 base in Minot, North Dakota and subsequently landing at a B-52 base in Barksdale, Louisiana?

What is certain is that the pilots of this plane did not just make a last minute decision to strap on some nukes and take them for a joy ride. .

I have this to add. Thermonuclear weapons require a tritium trigger. Otherwise, they can't give you a really big bang. So, we don't really know if the tritium triggers were in and "on". It's another question. I certainly don't have the answer.

EU

 

[WoodPeckr]

I doubt if the tritium triggers were in and "on".
It's their movement that is of concern here.
It appears they were being deployed to the ME, which makes you wonder why?

 

[enduser1]

I doubt if the tritium triggers were in and "on".
It's their movement that is of concern here.
It appears they were being deployed to the ME, which makes you wonder why?

Oh,

Thanks for the clarification.

EU

 

[enduser1]

Iran having nukes is not good for the USA. It is horrific for Israel.

But the real problem is that the U.S. has no competent leadership capable of planning and executing a mission of such magnitude, and even if they did, they would be pc neutered into another half-assed effort like Iraq. Israel who desperately needs to bomb Iran doesn't have the power. The Iranians have spread out their program unlike Saddam's Osirik 1981 reactor program which was in one convenient place.

When you start hearing that there will be 1200 targets over 3 days, be very nervous. If you don't take out the targets simultaneously, the USA are going to lose thousands of troops, the mid-east oil infrastructure, and Israel is not going to be a happy camper despite their government now being infested with belligerent Likud Neocons.

An ill-conceived and half-assed attack on Iran is going to bring hardships upon the American people that most of them are not prepared to endure. Of course they will have to endure them on top of a collapse of the automotive and housing industries: the two main post world war 2 industries.

I had spelled out much earlier in this thread why it was a bad idea for the USA to attack but I thought it was a good time to repeat it.

EU