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Strategies & Market Trends : Steve's Channelling Thread

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To: vampire who wrote (6851)	10/26/2000 3:04:31 PM
From: Logain Ablar	Read Replies (1) of 30051

M That someone was me. I was only kidding in direct response to a comment. I doubt the polls have much of any one day swing in the overall markets but the perception of who is winning may impact individual stocks or sectors. As an example if Gore wins I feel the drug, tobacco, health care (HMO's) sectors will take a hit. I think some of the strength in these sectors can be traced to Bush coming back in the polls (but they are also defensive sectors so cash runs here in a bad market). MSFT will also be impacted. If Bush wins we probably rally just on his social security proposal. How long the rally would last is anyones guess. As for Gore's chances if the market tanks. Its a dog fight now with a good economy (we did grow 5+% GDP last quarter) and Gore should be skating in to the Lincoln bedroom. We'll know in a couple of weeks Tim

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