The Rumor Mill

Gadhafi shot?  Don't put it past oil traders to float the rumor or even Gadhafi himself. In any case, the short term reaction does not take into consideration the larger implications of such an event. The best outcome for Libya right now is for foreign military intervention-the best for Libya, not the invading country. When Libya falls if we can't say it already has, the tribal warfare will reduce it to a central African state with each side sabotaging the other's link to western cash to finance combat operations, namely oil infrastructure. Libya is a very special case, it's kind of like Iraq x 3. When you consider the religious divides in Iraq they are no more dangerous then the tribal divides of say Rwanda circa 1995. So any short term reaction to Gadhafi being shot is extremely short sited and more then likely caused by il traders seeking to get into position.

I told you this was going to be the hardest to analyze.