Israeli ground troops enter Gaza

Discussion in 'Stocks' started by TOMMYJR9, Jan 3, 2009.

  1. will this cause a sell off ?
  2. I'm not sure it will. Only if it escalates. There is some talk of Hez Bollah firing rockets from southern Lebanon. That may escalate things a lot. Very unstable, could be over quickly or get out of control. Oil rising on Monday is likely I would say. That could impact stocks that are sensitive oil price movements, Airlines etc.

    Very unpleasant situation

  3. All the ingredients are there for a sell off, but the market loves to prove people wrong. Wish I opened more straddles.
  4. Fishbird


  5. Mvic


    Not so sure as oil rising will help stocks like XOM which do more for the indexes than the airlines. Also will show that perhaps the deflation fears are overblown if oil supply concerns again trump what has until recently been concerns of falling demand. It could signal the beginning of the end of the deflation myth.
  6. What's with you, man?