Elections may represent a short-term uncertainty, but we would use associated market weakness as a buying opportunity, similar to the opportunity created by last year's disengagement from Gaza. |
We don't see any reason for panic despite election time. If anything, the coming elections are proving to be a positive catalyst for the market based on preliminary indications of a broad centrist coalition forming - Prime Minister Ariel Sharon will remain in power, but in charge of a broader, more stable coalition. |