Wednesday, January 17, 2007
QQQQ's living upto expectation
Dear Readers QQQQ, so far, is living up to our expectation of a correction due to the elevated sell pressure and timing of it. We have for 2-3 days now pointed to EOD yesterday BOD today as the timeframe for a turnaround and the pressure char was warning as well with 1-4 days ( today is second or third day depedning where you count the sufficiently elevated pressure started, both days would qualify) for a correction to start. So far so good. Good Trading
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Troops boost in Afghanistan.
Looks like that the US is gearing up for another war and this time it is with IRAN. More troops in IRAQ and now more troops in Afghanistan on a pretext to combat the Taliban.
GOLD TO EXPLODE???
Man how tragic. I hope the AMERICAN people don't fall for it the second time.
Dear Rent.
Very perceptive of you. Would you mind telling me if you came up with this on your own or did have outside input or both. Stricly, my interest is who is the source... You kno I would not question your ability to come up with this, just looking if another reputable source is behind the thinking?
Good Trading
Gates May OK Troop Boost for Afghanistan
Washington Post - 3 hours ago
By ROBERT BURNS. AP. BAGRAM AIR BASE, Afghanistan -- Defense Secretary Robert Gates suggested on Wednesday that he is likely to urge President Bush to send more troops to Afghanistan to fight the resurgent Taliban.
Many of us were never fooled the first time and believe me we are working hard to get these bastards under control. A prayer might help. James
Dear James,
Thanks for the information, I am sure things of that sort come around often, the question I am still looking for, has any info source, actually, stipulated that this is really for USA preparation to hit IRAN? Again thanks for info Dear Friends. Good Trading
Boris in a couple weeks there will be three US Navy battle groups in the persian gulf the two there are already bumping into commercial ships. This would be a very expensive bluff. I think the threat is real because I believe Bush is unstable and dangerous. Best James
Dear James.
Thank you so much for the info. I apologize for not having enough time to follow these sources that you are reading from. But what you say, man!, sounds like this thing maybe closer than even I think and I just deduce it all by watching the markets letting them give me clues. I agree with this being a pretty serious staff. God protect all of us. Good Healrh ( we need it) and Good Trading
Dear Boris Please be carefull the next 60 days. I believe Natania is in a precarious position if this were to happen. I hear a lot of talk about bunker busting nukes. You should have an emergency plan for yourself and your family. God Bless James
Dear James,
I appreciate the info and concern.
You are so correct . I am taking measures to be ready.
Good Trading
Boris heres more....Next target Tehran
All the signs are that Bush is planning for a neocon-inspired military assault on Iran
Dan Plesch
Monday January 15, 2007
The Guardian
The evidence is building up that President Bush plans to add war on Iran to his triumphs in Iraq and Afghanistan - and there is every sign, to judge by his extraordinary warmongering speech in Plymouth on Friday, that Tony Blair would be keen to join him if he were still in a position to commit British forces to the field.
"There's a strong sense in the upper echelons of the White House that Iran is going to surface relatively quickly as a major issue - in the country and the world - in a very acute way," said NBC TV's Tim Russert after meeting the president. This is borne out by the fact that Bush has sent forces to the Gulf that are irrelevant to fighting the Iraqi insurgents. These include Patriot anti-missile missiles, an aircraft carrier, and cruise-missile-firing ships.
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Many military analysts see these deployments as signals of impending war with Iran. The Patriot missiles are intended to shoot down Iranian missiles. The naval forces, including British ships, train to pre-empt Iranian interference with oil shipments through the straits of Hormuz.
Having been given so much advice on what to do in Iraq - most notably by the Baker-Hamilton Iraq Study Group - the president went with the recommendations of the neoconservative American Enterprise Institute (AEI). So much for the idea that the Iraq debacle marginalised the neocons.
The political context as seen from inside the White House and Downing Street is that we are in a war as serious as the second world war. John Bolton exemplified this outlook when he compared US problems in Iraq with the fighting with Japan after Pearl Harbour.
Donald Rumsfeld and the AEI have developed a strategy for regime change in Iran that does not involve a ground invasion. Weapons of mass destruction will provide the rationale for military action, though it won't be limited to attacks on a few weapons factories. It will include limiting Iranian retaliatory capability, using bombers to destroy up to 10,000 targets in the first day of any war, and special forces flying in to destroy anything that's left.
In the aftermath, the US will support regime change, hoping to replace the ayatollahs with an Iran of the regions. The US and British governments now support a coalition of groups seeking a federal Iran. This may be another neocon delusion, but that may not be the point. Making Tehran concentrate on internal problems leaves it unable to act elsewhere.
Bush has said he will destroy the Syrian and Iranian networks in Iraq. These may include Moqtada al-Sadr's militia, but are also likely to target the Iranian-created Badr brigades, now wearing Iraqi police uniforms. In the south, the withdrawal of British troops to Basra airport looks more like a preparation to avoid a Shia backlash than a handover to the government of Iraq.
The US director of national intelligence, John Negroponte, explained that the threat to launch Hizbullah against Israel was the main deterrent to a US attack on Iran. Although politically Hizbullah scored a major victory in holding off the Israeli army last summer, in fact it was badly damaged.
The Iranian regime seems prepared for confrontation, perhaps confident Washington is bluffing. Next month Iran celebrates its completion of the nuclear-fuel cycle, in defiance of UN sanctions. Expect Bush and Blair to ask what the world will do to prevent a new Holocaust against the Jews. In his Plymouth speech, Blair told us that we could not pick and choose our wars. He may have been telling us more than we realised.
· Dan Plesch is a research associate at the Centre for International Studies and Diplomacy, School of Oriental and African Studies
Dear James, This is very, very sobering, as if I was half awake, but got a dose of more urgency in my personal life.
Good Trading
dear all; wow, i find this extremely hard to believe. 1st, iran is significantly larger than iraq and would require at least 5 times as many troops, 2nd, PLEASE don't discount the Iranian army. This is a very large well armed group that has seen significant action over the past few years. 3rd, and probably most importantly, there would be little to no support for such action in the US, and given the swing in the recent elections getting funding, etc would be nearly impossible. I just dont see this as a likely event.
IMHO
Dear Curt, all very good points. Indeed. GOod Trading.
Boris,
I don't have a source but pieces of information/events reported from the news and I surmise.
Look at what the US military is doing.. basically positioning itself surrounding IRAN. US in IRAQ, getting into Somalia, Afghanistan, and I suspect bases northeast of IRAN. Will Turkey be an ally to the US if there is an engagement such as providing logistic support like the way Saudi Arabia provided support during the 1990.
We will see if this is just postering to threaten IRAN to comply, but I highly doubt it. IRAN will go ahead with its nuclear program and it will be interesting to follow the US political discourse in the coming months.
Dear Rent,
Your analysis and others seem to indicate to me that a two stage "thing" can be taking place here. 1) IRAN is told Give up or else. 2) if not complied Iran will be attacked. I am not sure there can be more clear alternatives, here and you elude to it. Good Trading
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