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  • newmarkwiz newmarkwiz Jun 6, 2006 5:00 PM Flag

    Iran issue resolved- Fed does oil/metal

    What the heck are you talking about??

    The process of "sucessfully closing out the Iran issue" is underway. Tell me, why are the Iranians suddenly smiling and saying they are studying the package. because its truely a GREAT INCENTIVES PACKAGE. US is giving Iran CIVILIAN NUKE TECHNOLOGY -- do you understand how big this is for Iran?? In addition to giving them a respectable way out of this mess, its giving them tremendous nuke tech power - Iran now stands to become the most powerful Mid-East nation all without doing anything..
    So Iran would accept happily (or maybe ask a bit more on the plate). Meanwhile the Fed governors are on the loose, scaring the heck out of commodities speculators. Commodities are putting in an intermediate top here and would correct for 5-8 months going forward...

    What does all that mean? time to scale into Tech and yes, BRCM which is the poster-child of hottest technology all around.

    If you wait till the day all problems are solved, signed, packaged and mailed, you will have missed out all the move.

    The mkts are horribly oversold in the Short term. A uptrace of 15% is in the cards..

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