Friday had alerts in the turn around stocks; AAII, JBLU, RSLN and STLD. The breakouts that alerted included; ACL, APPB, CNCT, GTK, PSUN, SYK and ZMH.
After Sunday's meeting in the Azores of President Bush, British Prime Minister Tony Blair and Spanish Prime Minister Jose Maria Aznar, we should expect the UN Arms Inspectors to be asked to leave Iraq later today. Followed sometime this week by an elevation of the threat level and a speech by President Bush confirming that the operation to dislodge Saddam Hussein is underway. I would expect the market to be volatile, pick your targets carefully.
Sam