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, September 01, 2004

THEME: OCTOBER SURPRISE, update
Loyal readers will know that I have been predicting that the nature of the October Surprise will concern Iran.

Here is something from Reuters that will provide nice cover for W if Israel decides to hit Iran:

In the confidential report, obtained in full by Reuters, the International Atomic Energy Agency (IAEA) said Iran planned a large-scale test of a uranium conversion facility this month.

"Iran's announcements are further strong evidence of the compelling need to take Iran's nuclear program to the Security Council," U.S. Under Secretary of State John Bolton said in a statement. The Security Council can impose economic sanctions.


I know, detractors will say that Israel would prefer Kerry rather than Bush. That may be true, but there have been stranger bedfellows than this. The sight of McCain giving Bush a loving hug is a case in point.

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