Analysts See Bigger Stock Rally -If Bin Laden Found

[54anickel]

Oh geez! So will we see them pull OBL out of the deep freeze when the markets need another boost? :eyes:

http://www.reuters.com/newsArticle.jhtml?type=reutersEdge&storyID=3996705

NEW YORK (Reuters) - The capture of former Iraqi leader Saddam Hussein gave an initial boost to stock markets worldwide on Monday, leading some analysts to believe that a bigger rally would occur if the United States reels in Osama bin Laden, the suspected mastermind of the Sept. 11 attacks.

Market players said capturing the elusive al Qaeda leader would give stock markets a significant boost, at least in the short term, since bin Laden is seen as having a more direct link to global terrorism than Saddam Hussein.

"Osama bin Laden has a more direct impact on the global war on terror, so the impact (from his capture) would be larger than what we're seeing after Saddam's capture," said Peter Gottlieb, president of Gottlieb Investment Management Corp. in Chicago.

[thebigidea]

1. remember when Kudlow was saying we needed to invade Iraq...

... to boost the markets?

[Liberal Veteran]

2. Yeah, we really need another rally like today's....

DJIA -19.34
NASDAQ -30.74
S&P 500 -6.10

[Frances]

4. I guess that some people listen to the spin

and forget to check the actual market.

[Catherine Vincent]

They're saving Bin Laden for September next year.

Just enough to get Bush elected knowing that some voters will think Bush himself, captured Bin Laden.

[Robb]

3. The last paragraph in this piece

is the critical one:

Capturing Osama "would lead to an initial strong move, but then people's focus will return to economic data and corporate earnings and the economy at large," Gottlieb predicted. "In the end, it's data and earnings and the economy that's going to move the market."

[Prodemsouth]

6. Well then what does that say about today, as another poster said

earlier all three down. BTW, How did the dollar do today?? anyone know??

[Liberal Veteran]

7. Dollar was down again today....

What a great rally, eh?

[Prodemsouth]

12. Jeeze. I can't get anything right. At our morning meeting at work,

I said this should atleast help the dollar. Thanks LV.

[UpInArms]

11. current dollar index reading

Last trade 88.41 Change -0.08 (-0.09%)

and thanks for the post 54anickel - I can hardly wait for the markets to triple the loss on Osama that it got the Saddam capture!

What then the market will fall 60 points instead of 20?

:D

[54anickel]

14. Each time Shrub opens his mouth the market drops!

Came across this article while research Soros and his shorting the dollar. It's an older on but there are more than a few good keeper lines in this one.

http://www.newyorkmetro.com/nymetro/news/bizfinance/columns/businessclass/6259/

As former CEOs, Bush and his people have tended to see Wall Street as a means to an end: It's where you went to raise or borrow money for your company or a place to sell your stock. Bankers and brokers come and go, but they are, in the end, mere money changers. There was no need to understand their culture.

Bush and his men are corporate chieftains used to barking out orders in the dark-wooded coziness of their boardrooms. They are accustomed to creating fear, not managing it, which is why some on the Street pine for the days of Robert Rubin's more sophisticated market touch.

He and Rove are so obsessively mindful of the lessons of 1992, when Poppy remained disengaged from a floundering economy, that the son is following slavishly in his father's footsteps, delivering his own message: I care speeches. The problem is that Wall Street -- and nowadays that includes a lot of small investors, too -- doesn't care if he cares.

[54anickel]

9. Ya, I saw that. Shame they hid the real truth at the end of the article.

[pinto]

5. Analysts ponder Santa effect after Dorothy futures decline.

[Just Me]

8. *LOL* They are "seeing" that "war on terrorism",...

,...for what it is,...pure propaganda BS,...

You know what,...I am actually feeling pretty good about the American people,...even the most selfish of lots,...because, they are piercing the curtain of the Bush regime's BS,...

,...I hope they (the big investors) turn his smoke into ash,...*giggle*, I hope, I hope, I hope,....

[qanda]

10. I actually thought this was a joke

Then I remembered that just about everything reported in our "free press" these days is a joke.

[earthside]

13. Any More Rallies Like This ...

:shrug:

Any more rallies like today's "Saddam Captured Rally" ... and we'll be in the depths of a depression.

Let's see, even Wal-Mart is forecasting poor Christmas sales, IBM is moving more white-collar, high-tech jobs to Asia, the dollar is collapsing, and gold is rocketing.

Does this sound like confidence in Bush economic policies? NO!

More at: www.earthside.com

[KA]

15. lol

it droped 20 points today

[teryang]

16. The cynicism is out in the open now

...the well heeled investor class peddles their ideological claptrap about terrorism and Iraq 24/7 but they themselves don't believe a word of it. The huge deficits and the collapsing dollar are going to be disguised? By what? By capturing Saddam? Oh, well the public and the world didn't buy it. So now, it's OBL.

[tlcandie]

17. So they are now resorting to the proverbial rabbit out of the hat trick?

Ummm guess we are in deep doodoo (I already think we are) then... Serious stuff here...if they are only looking for magic and more smoke and mirrors to fix this mess!

Pull * out of the hat and toss him into the disappearing box is my advice. THEN we can see some improvement.

[hadrons]

18. templated article written on Sunday by lazy reporter ...

ain't the U.S. corporate media great