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Strategies & Market Trends : Signs of a Market Top Thread

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To: David Lee Smith who wrote (12)	11/5/2000 1:40:04 PM
From: Sir Auric Goldfinger	Read Replies (1) of 39

Well history does not repeat itself, it rhymes. That link is good analysis. I would say that however if Mr. Bush wins, the price of oil declines a good $5. Here's the in-depth logic from our think tank in Geneva: GWB's father helped out the Saudis in 1990 when Iraq/Saddam was out of control. They, unlike Americans, have long memories. Thus they will turn on the spigots and oil will flow. Oil goes down as a result. I must concur that a Bush victory would not be good for the bond market, OTOH, tax cuts always make a market roar. If Bush wins, stand aside on the shorts until at least year end. OTOH if Gore wins, well the Clinton Administration has helped the Arab opposition a bit too much and I think the Saudis keep the status quo. Besides, until two weeks ago, all Gore could talk about was how he was going to regulate this or that industry. Every day it was a new one. A lot of the recent market uncertainty can be attributed to that. Place your bets accordingly...

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