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RUMORS & SPECULATION (for emphasis)

There is some banter out there that the dollar rally and some US equity support has been coming from Saudi Arabia , Kuwait , and the UE. Their rationale goes that those Middle-eastern countries are afraid that the US would not protect their interests under an Obama presidency and problems from Iraq , Iran , etc. could spill into their countries while the US merely jawbones the problem with the UN. A second part of it is rumors/speculation that Israel would attack Iran's nuclear installations  in between an Obama win and his inauguration.

This hypothesis suggests that the rip-roaring dollar rally is a result of the Mid-east support and that they may also be buying US equity futures at critical times. It also suggests that they want oil prices down around $100/barrel pre-election and declining gasoline prices in the US .

I am not suggesting that any implication of what Obama might do or what middle-eastern countries are doing, thinking, or might do have any merit at all. I just wanted to put out there some of the banter I am hearing to consider within the realm of considering “all sides” of many different spins that investors may be acting on.

You "could" construe this as having a political bias towards either major party, but is intended as purely informational.

Bank of America

Posted by wachy11 on 5th of Aug 2008 at 06:33 pm
Title: http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=XX:1810714&sid=150930&time=

question for Matt

Posted by wachy11 on 24th of Jun 2008 at 01:26 am

Title: Hindenburg Omen

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