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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (12312)9/16/2002 6:56:11 PM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
MARKET RALLY ------ On Iraq News?

18:37 ET Annan confirms weapons inspectors allowed to return
UN Secretary General Kofi Annan confirms that Iraq has told the UN that it will allow the return of UN weapons inspectors without preconditions.




18:34 ET Networks reporting that Iraq accepts UN weapons inspections
CNN and MSNBC reporting that Iraq will accept UN weapons inspectors, perhaps without preconditions, though details are still sketchy. Also, we would note that in the run-up to the Gulf War, Iraq sent many encouraging signals that were later withdrawn, so it is premature to assume that this news will avert an eventual attack.