*8:30 (Dow Jones) There you have it, problem solved! Saddam says nuclear,
bioloogical, and chemical weapons have no place in his country, issuing a ban
on all three. Geez, you'd think equity futures would be acting better. Hmmm.
Meanwhile, big day for the markets, which take in key data, including sentiment
(seen down slightly), the UN report on Iraq, and face a long weekend at a time
of heightened worry. Things look flat early, but rarely have these premarket
indicators been more useless; Wall Street will have most of the day to digest
the Blix report, and the reaction from the U.S. and others. Then there's
Thursday's late bounce to consider. Program-driven, short-covering-fueled or
not, the rally has to be given some respect. Basically, anything is possible
today. S&Ps up a point, 10-year flat. (TG) |
