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Politics : 1998 Election impact on market
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To: Roger A. Babb who wrote ()11/4/1998 7:09:00 AM
From: Jon Tara  Read Replies (1) of 26
 
Exactly my thoughts, Roger!

Traditionally, Replublican wins are considered good for the market. But two factors suggest that Democratic wins are better for the market in THIS election:

1. It's the economy, stupid! You can't argue with what's working.

2. Lifting of the impeachment cloud.

Technically, we are back in a bull market, having risen above both the 50 and 200-day moving averages.
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