I don't see, how (although we could have an oversold rally in Feb anyway). If putting a larger inspection force in place forestalls an American invasion, it leaves all that American buildup out there with nothing to do. dubya would have to bring it home, and I think the assumption would be that such a buildup would not be repeated. That would eventually leave Saddam to do whatever he wanted, and that can hardly be good for the markets.
Hard work often pays off over time,
but laziness always pays off right now.