Bad News

The news is bad. Six Israelis gunned down voting, 15 more killed vacationing in Kenya. That'll hurt Kenya as much as it hurts Israel... tourism is vital for that developing African nation. More oil slicks approach the Spanish coast. Sharon beats Netanyahu, and the polls show that he's going to have huge support, with Likud jumping from 19 to 41 seats! Interestingly (and I predicted the opposite this spring) Shas is projected to drop from 17 to 8 seats, losing out to less social, more nationalistic religious parties. Hmm, here's some good news: best two month surge since 1975 for the Dow. I wouldn't bet my life on stocks now, though.