Re: [CANSLIM] Iraq and futures

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] Iraq and futures
Date: Mon, 16 Sep 2002 19:37:14 -0500

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I suspect that Saudi Arabia's agreement to let us use their military bases
to launch an attack against Iraq (provided such is supported by the UN
Security Council) was a big blow to Saddam.  I sure would like to know what
kind of arm twisting is going on behind closed doors<grin>

Norm

- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Monday, September 16, 2002 6:38 PM
Subject: [CANSLIM] Iraq and futures


> Since both items were discussed today here, an update - Iraq has
reportedly agreed
> to accept weapons inspectors without conditions (we'll see), and the S&P
futures,
> which closed at around 892, are now trading up 19 points at 911, a very
large move.
>
> I'm not sure if this will carry over into tomorrow's trading, but a good
demonstration
> of the futures in action and what sort of reaction the market had to news
that means
> a possible avoidance of war.
>
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