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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (8636)10/30/1997 5:06:00 PM
From: Mark Nelson  Read Replies (2) of 94695
 
Re: Iraq sabre rattling etc.

"Rather than push again for new and tougher sanctions,
a senior U.S. official said, the aim was to seek a
declaration in the Security Council on Friday that Iraq
has breached the cease-fire."

If the Security Council declares that the cease-fire has been breached the war might not really be over. Who would want to hold a long position over the weekend with an apparent willingness by Iraq to fight again? I would call for more selling just on that account. Just my US$.02 worth.

In case one wishes to read the article:
nando.net

Mark
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