MysteryTrader's Commentaries
Jul
21
2006
Bad News and More Bad News
by MysteryTrader
Overall Rating:
Now some say Ben Bernanke's “dovish” words might have been a misinterpretation. Israel and Hezbollah are killing hundreds of innocent people with no end in sight. Hatred and killing can lead only to more hatred and killing. There is speculation about possible terrorist acts in other parts of the world by radical sleeper cells sympathetic to Hezbollah. War in the Middle East creates the possibility of oil supply disruption. There have a good number of corporate earnings shortfalls resulting in very big downside stock price gaps. I cannot see any reason why anyone in his right mind would want to hold stocks long over the weekend.
Tags: economic-event
