Tuesday, July 20, 2004

Does “Iraq Quagmire” have a stock symbol?  If so, I’m placing a buy order immediately.  Why?  Check out this nugget from an article on the newly re-opened Iraqi Stock Exchange in today’s Washington Times, entitled “Iraqis Bullish on Stocks”:
In five sessions, trading volume has nearly quadrupled, and the value of some stocks has surged more than 600 percent. Traders say the gains reflect the pent-up frustration of 15 months of closure.

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