EXPECTED MARKET REACTIONS

WEEKEND SADDAM HUSSEIN CAPTURE... Monday's market reactions resulting from the weekend capture of Saddam Hussein are reasonably predictable. Stocks are expected to trade higher while bonds are expected to drop. That's in keeping with their normal inverse relationship. The dollar is expected to rise which will push gold prices lower. That's also in line with their tendency to trend in opposite directions. Oil prices are also expected to drop. All of these moves are in keeping with normal intermarket relationships. It's doubtful, however, that the weekend news will have a long-lasting impact on the markets. MORE LATER.