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There's going to be some selling today just because 8/22 is in the news, but unless it's a BIG selloff of over 150 points on the Dow Jones Industrials then it doesn't mean much. If we get a big 200 point drop in the DJIA then that could mean something serious will happen.

I did notice that one or two days after Ahmadinejad wrote his letter to Bush, the stock market started falling rapidly back in May. I think that may have been some Arab money moving out of the market, leading to a quick, hard selloff in May. But then the market stabilized well in June/July, so I don't expect anything serious to happen any time soon.