Market reaction to Saddams capture/death...

Discussion in 'Trading' started by DisciplinedHedg, Jul 28, 2003.

  1. madf

    madf

    20 handles I suspect.

    In reality I cannot see him being found.. not yet..
    And all this "24 hours away" is just typical "b#llsh#t"..
     
    #11     Jul 28, 2003
  2. Buy the rumor, sell the news. Saddams capture or death is already at least partially factored into prices. The news stories about American forces being with 24 hours of capturing Saddam have no doubt helped. There will be an initial knee jerk spike up when he's caught or killed, then the market will close much lower on the day.
     
    #12     Jul 28, 2003
  3. I would guess a quick market POP (maybe even quite large) and then straight back to business as usual...

    Best

    Natalie
     
    #13     Jul 28, 2003