Market Precognition

The goal of this blog is to PRE-RECOGNIZE next several moves in the market
I focus on trading the S&P emini futures and T-notes futures.
A loyal reader will begin to understand the themes, memes, and sentiment that leads the market.

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Johnny Hom

Wednesday, August 04, 2004

THEME: REAL REASON FOR OIL SPIKE

The Israeli Air Force has completed military preparations for a pre-emptive strike at Iran's Bushehr nuclear facility and will attack if Russia supplies Iran with rods for enriching uranium, Israeli officials said, according to a report in the London Sunday Times. Military sources said the raid would be carried out by long-range F-15I jets, overflying Turkey, with simultaneous operations by commandos on the ground.


COMMENT: Iran is acting defiant about its nuclear centrifuge equipment. It is also providing money & people to interfere with the internal politics of Iraq. The October Surprise that George W. may have up his sleeve is a bombing attack on Iran before the Israelis decide to pre-empt on their own.

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