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Strategies & Market Trends : Options
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To: Seldom_Blue who wrote (6058)4/5/2000 5:37:00 PM
From: Jill  Read Replies (1) of 8096
 
Just got home and see that CRA is up on clarification by Clinton of gene remarks. I haven't read any transcript of what he said, but I find that interesting. There were a lot of precipitating events for this "correction" (which would've come sooner or later I guess) but among them was the Clinton/Blair speech. That sent biotechs tumbling, and after that was Abby, then MSFT, etc. I'm reading between the lines, but: it's interesting times when a president probably feels responsible for gyrations in the stock market i.e. economy--and worries that republicans will use it against the democrats--i.e. government interference in good old capitalist sentiment.
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