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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (44458)	11/27/2001 8:59:18 AM
From: Dealer	Read Replies (2) \| Respond to of 65232

M A R K E T .. S N A P S H O T Stocks set to backpedal By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:28 AM ET Nov 27, 2001 NEW YORK (CBS.MW) -- The broad market is set to open in the minus column on Tuesday after two consecutive up days, though Internet issues extended gains in the pre-open and could lend the tech sector additional support. Amazon (AMZN) edged up a penny to $12.22 in Instinet pre-open action while Yahoo (YHOO) climbed to $18.30, up 23 cents from the close. On Monday, Amazon surged 34.5 percent and Yahoo nearly 15 percent as investors continued to bank on brisk online sales during the holiday season. In other pre-open action, AOL Time Warner (AOL) sprinted 10 cents to $34.47 in European dealings. The stock rose 1.7 percent on Monday. In the meantime, the week's most crucial economic release will be out on Tuesday: November consumer confidence, which is expected to register an 86.1 reading, up from last month's 85.5 level. Also due out: October existing home sales, seen coming in at a 4.90 million rate. Check economic calendar and forecasts. December S&P 500 futures gave up 3.60 points, or 0.3 percent, and were trading about 6.20 points below fair value while Nasdaq futures lost 3.50 points, or 0.2 percent. The Dow Jones Indicative Index erased 42 points, or 0.4 percent, to 9,939. In the government bond arena, prices traded mixed right out of the chute. The 10-year Treasury note was off 10/32 to yield ($TNX) 5.05 percent while the 30-year government bond added 1/32 to yield ($TYX) 5.38 percent. In the currency sector, the dollar traded close to flat levels at 124.09 yen while the euro slipped 0.4 percent to 87.72 cents. --------------------------------------------------------------------------------

To: stockman_scott who wrote (44458)	11/27/2001 4:29:19 PM
From: Sully-	Read Replies (2) \| Respond to of 65232

Suspicious Al Qaeda Weapons Sites Searched KABUL, Afghanistan ? Usama bin Laden may have been doing research on chemical, biological or nuclear weapons at more than 40 sites inside Afghanistan, Gen. Tommy Franks, the U.S. war commander, said Tuesday.......................... foxnews.com

To: stockman_scott who wrote (44458)	11/27/2001 6:31:58 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

U.S. hunts bin Laden near Jalalabad, Kandahar MACDILL AIR FORCE BASE, Florida (CNN) -- U.S. forces are searching for Taliban leaders and suspected terrorist leader Osama bin Laden around the Afghan cities of Kandahar and Jalalabad, the U.S. commander in the region said Tuesday. "We have been able to watch a variety of terrain and undertake review of a whole variety of imagery and talk to an awful lot of people over time," said Gen. Tommy Franks, the chief of the U.S. Central Command. "Factually, those are the places right now we have been led to pay very close attention to." But Defense Secretary Donald Rumsfeld noted that those areas were not the only places the U.S.-led coalition is looking for bin Laden, who U.S. officials hold responsible for the September 11 attacks on New York and Washington. Rumsfeld and Franks spoke at a news conference Tuesday at Central Command headquarters near Tampa, Florida. Washington has put a $25 million price on bin Laden's head, and recent U.S. airstrikes have concentrated largely on cave and tunnel complexes in Afghanistan believed to be used by Taliban and al Qaeda troops. The United States has used special operations troops in southern Afghanistan to seek out officials of the Taliban and al Qaeda, bin Laden's organization. That effort was bolstered over the weekend by the arrival of a U.S. Marine contingent that has set up a base southwest of Kandahar, the Taliban's political and spiritual base. The first of an estimated 1,000-plus Marines from two assault carriers in the Arabian Sea began landing in Afghanistan on Sunday. They can be used to react quickly to reports about Taliban and al Qaeda forces in the area, said J. Kelly McCann, a former Marine involved in special operations. "Intelligence is so fluid right now," McCann told CNN. "To fit somebody in place in order to go kill them, you've got to be able to respond quickly for that information to be useful. So now with the Marines on the ground you're talking about a reaction time that's under an hour in some cases, maybe minutes." Franks said Kandahar -- the last bastion of Taliban support after two weeks of battlefield reversals -- "is a very confused place right now." "We see evidence that a great deal of people, non-Afghan types, are trying to get out of Kandahar," he said. The area around Jalalabad was once home to al Qaeda training camps, and features several complexes of tunnels and caves -- including some built with U.S. assistance during the Afghan war against the Soviets in the 1980s, said Larry Goodson, author of a book on two decades of Afghan conflict. Many of those complexes are unlikely to be destroyed by U.S. bombing raids, Goodson said. "What the Soviets had to do was basically explode devices within the caves or within the tunnel complexes, and then send in special operations units to see what was inside," he said. "I suspect that we'll see that sort of operation." Opposition forces have captured numerous sites U.S. officials suspect bin Laden used to develop weapons of mass destruction, and U.S. authorities were conducting extensive tests on items found there. Franks said U.S. investigators are conducting "very exhaustive" tests to determine whether al Qaeda had taken steps to develop chemical, biological or nuclear weapons. "We have found a variety of chemical compositions and these sorts of things, but one would also be able to associate those with the making of fertilizer or the making of other types of products. We have acquired a great deal of samples, and now what we need to do is be very thorough in our analysis." Rumsfeld said if any chemical, biological or nuclear weapons are found, "The United States would be very interested in getting our hands on them and very interested in seeing they did not remain in the country." cnn.com