Mulling over taking a short position on the $39 strike....
Lobbing a few bombs in order to spank Assaads hands seems childish, I would imagine Bama is being forced to take a full fledged stance against Assaad and will require him to step down. It may be more than a couple days before we strike with missles. As we wait for him to step down and build up of more rhetoric and machinary around his borders the market might continue to sink.
Of coarse all of the above could be wrong, but if I truly believed it would happen without a doubt, then I definatley would put some capital where my mouth is.
Good luck to both shorts and longs, and most of all to those poor souls that have the misfortune to live in the middle east.