Bhutto DEAD

Quote from megatrader:

Can someone please explain to me why this is bad for the stock market going forward. I mean really it doesn't change a thing. Musharaff is still president. Pakistan is still as stable/unstable as it was yesterday. Looks like status quo to me.


How about this: GW Bush decides to remain as President for another mandate or two, and some of the presidential candidates are killed by a sect of religious fanatics. Doesn't change a thing, right?
 
Quote from megatrader:

what has changed then as it relates to the US financial markets? I say nothing.
US markets are correlated highly to markets in that part of the world. We will know far better tonight when we see market reactions from that part of the world. Currencies are already giving a clue.

The smart money pares it's positions first, and then asks questions later.

nitro
 
Smart money knows about it. The US dollar instantly dropped a large margin, and precious metals rallied upon the bad news:

intraday.gif
 
Quote from megatrader:

what has changed then as it relates to the US financial markets? I say nothing.
A country with nuclear capability? The assassination doesn't even give you pause? I would have thought that the situation in Pakistan was already fragile before the assassination. Let's not be too quick to jump to a status quo conclusion just yet.
 
The world knows the significance of Pakistan. That's why the world responded and the US dollar instantly dropped by a large margin. The situation is serious.

Mussaraf is the one man who stands between the Islamic extremists (read terriorists!) and the nuclear button of that country. There has already been no less than 12 attempts on that man's life. He could be toppled or be assasinated, and nothing could be worse than that!

Precious metals are rallying. Good time to buy PAL. Palladium is the one magic metal that can wean us from middle east oil dependence. Do you know bush pitches hydrogen economy, while his people is on the board of SWC, a sister palladium stock of PAL. Read this article about Bush, Putin, and palladium metal:
http://www.motherjones.com/news/outfront/2004/05/04_406.html

Do you know what hydrogen economy has to do with palladium?
http://www.seekingalpha.com/article/55173-palladium-an-investable-metal-that-defies-physics

Fuel cell for laptops
panasonic-dmfc-laptop.jpg
 
Quote from Thunderdog:

A country with nuclear capability? The assassination doesn't even give you pause? I would have thought that the situation in Pakistan was already fragile before the assassination. Let's not be too quick to jump to a status quo conclusion just yet.

Given that the military dictator is firmly in place, more so since the main political opposition leader is dead and the 2nd main political party leader is not allowed to run for office, and that all the supreme court judges who opposed Musharraf have been removed, there is no real threat to Musharraf being toppled. Ergo, status quo.
Nothing new going on in Pakistan. The continuance of bad leadership from one military dictator to the next corrupt secular leader.
 
Quote from Thunderdog:

A country with nuclear capability? The assassination doesn't even give you pause? I would have thought that the situation in Pakistan was already fragile before the assassination. Let's not be too quick to jump to a status quo conclusion just yet.

Was Bhutto standing in the way of something terrible happening in Pakistan? I think not therefore nothing has changed and it's status quo.
 
Quote from JJ2000426:

Precious metals are rallying. Good time to buy PAL.

This thread is about Benazir Bhutto. No need to pimp your dog of a stock anymore. A quick scan of your contributions to this forum show you got here 2 weeks ago and about 80% of your posts are pumping this PAL stock. This is Elitetrader not the Yahoo message boards.

Mods, you know what to do.
 
Quote from ajna:

Oddly IIF and IFN, which are India specific, are down significantly today. Doesn't make much sense.

Quote from ajna:

Given that the military dictator is firmly in place, more so since the main political opposition leader is dead and the 2nd main political party leader is not allowed to run for office, and that all the supreme court judges who opposed Musharraf have been removed, there is no real threat to Musharraf being toppled. Ergo, status quo.
Nothing new going on in Pakistan. The continuance of bad leadership from one military dictator to the next corrupt secular leader.

it does...read your own post above and take a look on map

http://worldatlas.com/webimage/countrys/as.htm
 
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