hi folks,

the direction of the next stock market move?

well, the worldwide stock markets fell already significantly, didn't they? but in my fundamental view on the markets there is still some space on the way down, especially for the financial sector. and maybe knows mr. market much more about the situation in iran/israel than we do, who knows?

... and in case of a severe war in iran are IMHO the stocks still too expensive, the commodities like oil + gold + silver still too cheap, the USD still overvalued (i think that the next u.s. war would mean a new dimension of u.s. deficit spending and that cannot help the megaweak USD, can it?)

... but it's just a guess and i wouldn't trade this whole war scenario myself. but i'm definitely long in silver + some other commodities because of my believes about the overall fundamentals (INFLATION, war, subprime crisis, supply + demand, ...)

regards :-),
j.