User 244491

On Visa and Commodities: An Addendum

At least one of few investors who puts his money where the mouth is.
Good luck with VISA you might be right to wait and see or as you say to bail out at 80$.
I just want to bring my attention to the fact that DJIA will soon get back to 10000 then immediately 9000.
Next year even 7500-8000 might be considered too high as final destination for the Dow Jones is 3000-3750.
If you think VISA will be unaffected,think again.When markets crash,as everybody knows,the best companies crash first,this how bear markets work.
Regarding war with Iran that is going to happen after elections or in October-November as America needs another Oil/Gas supplies after stealing it already from Iraq,your scenario about commodities is right with one exception,in the last war with Iraq in 1991 and before in with Iran 1973 the prices rised quickly followed by crash.I expect it will be the same again,buy now on rumors Oil/Gas/Gold/Silver etc., then sell after short time after the news and go short.The spike in Oil I don't believe in the event of war will be above 145$ but be careful it may be higher,then go short for longer time,cover your shorts again at 115-100 per barrel.
Good luck.