Thursday, December 27, 2007

World market rattles!

Pakistan-the epicentre.
The assasination of Benazir Bhutto,Pakistan People Party Chairperson and former Prime Minister on Thursday in a suicide attack after addressing a campaign rally has caused another level of geopolitical uncertainty to an already fragile region.....Full Story The world's financial market is again temporary being hit by this event ....Full Story
Two rounds of fire were shot at the convoy of Benazir Bhutto near the central gate of National College of Arts a little far away from Liaqat Bagh, as she was about to leave for Islamabad after concluding her rally at Liaqat Bagh.
Benazir Bhutto became the first female leader of a Muslim nation in modern history. She served two terms as prime minister of Pakistan, from 1988 to 1990 and from 1993 to 1996.
Bhutto was the daughter of the politician Zulfikar
Ali Bhutto, who was the leader of Pakistan from 1971 until 1977. She was educated at Harvard University (B.A., 1973) and subsequently studied philosophy, political science and economics at the University of Oxford (B.A., 1977).
She would have been alive if....Full Story
Moments of truth..Pakistan's Bhutto Killed in Attack - washingtonpost.com
The US urges democarcy in volatile Pakistan ...Full Story
A solemn trading day on Thursday with couple of bad news:
Bhutto's death and the Commerce Department's durable goods orders exaberated concerns about the U.S.economy.The last hour trading seems like a funeral parade for Bhutto and ended with a spinning doji bullish.The captain is blowing his trumpet for a fallen hero.
The bears have just returned from the christmas holidays and have covered the half body of the previous candlestick completing the weekly Moving Average Pivot and the bulls are taking over the wheels.A Pre-new Year rally is on!