Discussion in 'Wall St. News' started by wareco, Jul 18, 2005.
Unfortunately, this terror-based market manipulation is going to happen a lot more. Whether it's a bomb, a power outage, or some other catastrophe, we know there are people motivated to do this now.
Erm...according to a report from that same website, 40 nukes are gonna explode in the USA?
Remember the proposal for futures based on terrorism events? That was laughed out of town. Now it doesn't seem like a bad idea to have events foretold in financial instruments.
Let's just hope the knee-jerk reaction isn't to eliminate short-selling as a means to thwart terrorists making profits.
I figure that's the next thing we'll be hearing.
Bomb Europe, Long USD/CHF.
Bomb USA, Long EUR/USD.
What bunk. Don't you people look at market data beyond a couple weeks? Journalists sure don't. The British pound topped out in December, along with the Euro, and has been selling since May.
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