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Politics : Electoral College 2000 - Ahead of the Curve

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To: TraderGreg who wrote (3720)11/28/2000 11:14:19 AM
From: Ilaine   of 6710
 
Well, you may not mind the prospect of Clinton's cabinet remaining in place, but I do. The scenarios we've discussed, which reassure us that there really is no legal crisis, don't take into account the political crisis.

I didn't really expect the stock market to take the uncertainty so hard, but what other explanation is there? The Nasdaq has dropped about 20% since the election. Every time it looks as if there will be a resolution, there is a rally, and then it fades once reality sets in.

I don't care, in one sense, because I've been all cash for a while now, but it can't be good for most individual investors.
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