Submitted by Scott Baker, Aug 15, 2008 12:11

Has anyone noticed the action in the defense stocks lately? The market seems to be telling us that not only are we headed back into a cold war with Russia, but that a few hot wars may be on the horizon as well. While we jump from the bog in Iraq to the bog in Afghanistan, we might be well advised to keep a few troops in reserve, just in case, you know, they're needed in "old europe" or even to handle a disintegrated Pakistan.

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