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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (22021)11/12/2000 8:17:02 PM
From: Ken W  Read Replies (1) of 29382
 
Joe:

Dang, maybe we should be in charge of 125 billion!! Duh!

NEW YORK (Reuters) - Stocks are primed for a rally this week if an outright winner is declared in the deadlocked presidential election and the Federal Reserve keeps interest rates steady.

``I cannot envision in the wildest circumstances that this will be permitted to go on for months -- this is a situation likely to be resolved within a week,'' said Tom Madden, money manager with Federated Investors, with $125 billion under management. ``As soon as the market sees what the path to the resolution is we'll probably see a rally.''

Ken
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