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Subject: Re: CPH


Author:
Info on successful stocks during gulf war 1
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Date Posted: 22:01:31 01/27/03 Mon
In reply to: CPH way undervalued on fundamentals 's message, "CPH" on 21:59:04 01/27/03 Mon

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Grebmoolb (ID#: 273489) RE: Info on successful stocks during gulf war 1 28/1/03 2:37:46 PM 5971315
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Hi Tails277,
Is it all different this time that is the question. Last time no one really believed Iraq had a chance and so it proved to be. So oil and gold stocks did very little. The question really is whether the boom that continued after the last is going to happen again. If it is then buy all the major ASX stocks in the top 100 and you should do well once again as oil prices would fall with Iraq taken over and oil production rising.

America knows the Worlds present decline would reverse rapidly with oil prices at $20 a barrel and the ASX could hit 4000 very rapidly.

There is a however though as the Iraq leadership could plan to go out in a big way and destroy there own wells. Still there is always some risk.



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