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JBL: The Sweet Spot

Stock quotes in this article: AMT , VZ , QCOM , STP , ESLR , WFR , ASEI  

Congratulations to our great armed forces for finally getting the main bad guy in Iraq, al Zarqawi. This is a huge win for the good guys.

Two years ago I was in the Sunni Triangle in Iraq doing a USO performance for our troops, whom I love to support, and the incoming mortar signal went off. All the soldiers in the stands headed for the exits, and we got escorted off of stage into a bunker until the mortar fire was over.

While I was in the bunker, I realized my dear friend Al Franken was still handcuffed and dressed like Saddam Hussein from a skit he was doing for the soldiers; it was quite a strange sight. However, I was too busy becoming religious to realize the irony of the situation.

This past week felt like I was watching the same exodus from the market to the safe bunkers as I did that night in Iraq. Investors don't know what to do and are figuratively running for safe haven.

Opportunity Knocks

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