Each trader determines their risk / reward tolerance.My own has been adverse but the next two weeks may see rescue negotiations ramped up. The West can not afford at this stage to forgo access to Iran. They have really stuffed up Iraq and its resources so big money will now need to be directed to rescuing Iran. Europe certainly will be active in keeping Bush (who is mortally wounded) out of the scene. This article from the NYT is not at all optimistic but the context it is descibing will get Europe active imop.
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