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For those watching, the ISX has been in a downtrend lately with investors getting out of their positions. If you haven't already, it might be prudent to get liquid as soon as possible in order to take advantage of the catfishing to take place eventually. I expect to close out of my last two positions in the next trading session for small losses after which I sit on the sidelines waiting for buyers to enter the market again. The gains to be made should be staggering. In order to time it right though I must identify exactly what is causing the extreme selling pressure. I don't believe it is ISIS and as a matter of fact a recent article reads that ISIS has taken a back seat to this latest emergency. I do believe it is the protest taking place in the streets right now with citizens being fed up at the lack of electricity. Iraq is experiencing a severe heat wave lately and the people are living in misery without the necessary electricity to power their air handlers. Anyone else have thoughts on what might be causing the sell-off? Thanks! ======================== link 20 Degrees and No Relief? ISIS Takes Back Seat for Iraqis By ANNE BARNARDAUG. 1, 2015 BAGHDAD — In the Iraqi summer, when the temperature rises above 120 degrees Fahrenheit, electricity becomes even more of a political issue than usual. This past week, at the top of Iraqis’ agenda, it has even eclipsed war with the Islamic State. The prime minister, Haider al-Abadi, declared a four-day weekend to keep people out of the sun, but he did not stop there. He also called in the electricity minister for emergency consultations, and ordered an end to one of the most coveted perks of government officials: round-the-clock power for their air-conditioners. Now, the scheduled daily power cuts that other Iraqis have long endured are to be imposed on government offices and officials’ homes. That may not be enough for Iraqis, whose oil-rich country has not supplied reliable electricity in Baghdad since the American invasion in 2003 — and in many provinces, far longer. One of the country’s largest recent grass-roots protests shut down traffic in Baghdad on Friday night, and more protests took place Saturday in southern Iraq. Amid the protests, Prime Minister Haider al-Abadi declared a four-day weekend and ordered an end to a perk for government officials: round-the-clock power. Several thousand people — workers, artists and intellectuals — demonstrated Friday evening in Tahrir Square in the center of Baghdad, chanting and carrying signs about the lack of electricity and blaming corruption for it. They blocked traffic at a major roundabout, waiting until sundown to avoid the heat and to have more impact, since the streets are quieter during the day as people stay out of the sun. Some men stripped to their shorts and lay down in the street to sleep, a strong statement in a modest society where it is rare to see men bare-chested in public. The protest was unusual in that it did not appear to have been called for by any major political party. People carried Iraqi flags and denounced officials. Security forces with riot shields blocked them from moving across a bridge toward the restricted Green Zone where many officials live. Courteous police officers handed out water, a shift from earlier years when they responded harshly to electricity protests. One police officer there even denounced his commanders, saying they had sent him and other officers to infiltrate the protest as provocateurs. Instead, he had joined it in earnest. Shouting at a cellphone camera with the protest visible behind him, he said he was told to “ruin the protest.” Cursing his boss by name and flashing a police identity card, he added, “We will continue calling for our demands even if you fire me.” Within hours, Mr. Abadi praised the protesters for standing up for their rights, and called in the electricity minister. The minister told Parliament last week that the electricity grid would crank up to 11,000 megawatts, barely half of the summer’s peak demand of 22,000 megawatts. Normal capacity is closer to 8,500 megawatts. Earlier on Friday, in the weekly sermon in the shrine city of Karbala that typically addresses the political issues of the day, a representative of Grand Ayatollah Ali al-Sistani, Iraq’s most senior Shiite cleric, had exhorted the government to address “the sufferings of citizens” over electricity. “Unfortunately, every government is blaming the government that came before it,” Abdul Mahdi al-Karbalai, the representative, declared to a sweltering audience packing one of the city’s great shrines. He came around only later to the subject of the war on the militants of the Islamic State — also known as ISIS, ISIL and Daesh — who control large parts of the country. “The people are still patient towards the sufferings, and also they are sacrificing themselves to fight Daesh terrorism to defend Iraq,” he said. “But there are limits to patience.” That conflict made the even-hotter-than-usual temperatures in recent days an even bigger problem. More than three million people have been displaced by the fighting, and many lack basic shelter to protect them from the heat. On Saturday, residents protested in the southern cities of Basra and Karbala. Another demonstration was planned for Sunday in Babil, also in the south. Mr. Abadi, in a televised address, called the protests an “early warning” system about “an error that we must solve immediately, adding, “The people will resort to revolutionary sentiments if this situation continues.” Iraqis have been complaining about electricity at least since the United States toppled Saddam Hussein in 2003. In the resulting security vacuum, widespread looting, which American troops had no orders to prevent, dismantled much of what had been left of the electricity grid, already eroded by years of sanctions and war. “Maku kahraba! Maku amn!” were the complaints leveled by pretty much all Iraqis to any American they came across back in those first days of the American occupation. “There is no electricity. There is no security.” In that order. Iraqis in Baghdad had been used to a fairly reliable supply of electricity. Mr. Hussein had kept the capital disproportionately supplied, with few power failures. It was different in the southern provinces, where residents are predominantly from the oppressed Shiite majority, which had risen up against Mr. Hussein in 1991 and was brutally suppressed. Many areas there got only a few hours of power a day. American occupation officials evened out the supply all over the country — making it more equitable but also shocking residents of Baghdad who were suddenly subjected to the long powerless days that other Iraqis had been used to. The cuts were also new and enraging to people in the Sunni heartland in the north and west, the fulcrum of Mr. Hussein’s residual support and of the brewing insurgency against the occupation. Among the failures of the American administration of Iraq was the inability to meet repeated promises to get the electricity back up to the levels under Mr. Hussein. Occupation officials put out charts trumpeting modest improvements. But a combination of insurgent attacks, incompetence and corruption kept the system struggling, both then and after political power was nominally handed to an Iraqi government in 2004. The problems have continued since American troops left in 2011. More than once, Iraqis sleeping on their rooftops to keep cool have been killed by stray gunfire. Many Iraqis have air-conditioners in their homes, but during power cuts only some can afford to pay for generators. Those who can must often scale back to fans and simple air coolers because there is not enough power for air-conditioners while on generator power, and sometimes even when on the regular grid. So the lucky ones drive around in their cars with the air-conditioning on, visit shopping malls, or wait for the air coolers to switch on and huddle around them in a single room. Those without that wherewithal find cool where they can, sometimes swimming in dirty, sewage-tainted pools and canals. Help is on the way, though, from Iran, which gained significant influence in Iraq after the fall of Mr. Hussein and the end of the troubled American involvement. According to Iran’s state-run Press TV, in the country’s biggest engineering services deal ever, an Iranian company recently signed a deal to add 3,000 megawatts to the grid by building a $2.5 billion power plant in Basra. It will be supplied by a pipeline carrying Iranian natural gas. Omar Al-Jawoshy and Falih Hassan contributed reporting.