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*** market downside risk, breaking news in iraq ..

  1. The following is from the Reuters news service not long ago. Note the Japanese and Hong Kong Markets which were up are now down. What do you think the European and US markets will do tonight?



    Asia market players taking somewhat less optimistic view on U.S. progress in Iraq; some more bad news with Fox reporting F-18 Hornet shot down
    near Karbala, with U.S. Army Black Hawk helicopter downed earlier, killing 7
    soldiers. Risk is for more coalition casualties as troops near Baghdad, with
    some fearing Saddam may yet unleash chemical weapons. (RXM)

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