Bhutto DEAD

Sorry and unfortunate but market will fall heavy (at least in the morning)

I know it doesn't make sense but this is fear and uncertainty at least for a little bit.

 

perhaps bin laden is captured to offset the losses.

 

The market's more spooked by the Durable number than Bhutto.

 

i think the butto news might be a good entry for tech...

 

I'd just like to see -9 off spooz and -100 off DOW in the morning...

Maybe it scares equities more but we'll see. Maybe set off a small nuke to really scare global markets....

 

http://www.bloomberg.com/apps/news?pid=20601087&sid=ab6DBTpQpMrU&refer=home

http://www.cnn.com/2007/WORLD/asiapcf/12/27/pakistan.sharif/index.html

http://news.bbc.co.uk/2/hi/south_asia/7161590.stm

 

turn on the TV .... they are reporting she is dead..

 

Definitely dead. Looked like thry didn't want to screw this one up as one guy sounds like he shot her and then another followed up with suicide bomb to seal the deal. No need to get sloppy....

 

Maybe the pakistani stock exchange will drop a few percent.

But i doubt anyone else cares.

 

Very bad #.

Jesus - Lehman had called that +4% on aircraft.

US gov't will regard this as a crisis in Pakistan so it's difficult to see markets not following suit. Looks like 60-70 pips so far in dollar yen.