Extremely Dangerous Signs

Volatility~~Iran sanctions likely to rise as election issue
http://www.csmonitor.com/2008/0806/p03s03-usfp.html

Tehran dismisses latest UN offer on nuclear program, prolonging the debate over more sanctions.

While volatility is expected after remaining in a trading range, I am skeptical about this rally without market breadth supporting the % gain.

Don't like the tension about the nuke program with Iran even though we have the recent oil price pull back.

The fact that Iran dragging the UN inspection is very dangerous as it is NEVER, NEVER a good sign!

Longer it drags, messier and uglier, UGLIER it will be!!

For the rational minds, the issue should be vomitingly serious issue as some could be thinking that nuking you is a way to heaven!