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Strategies & Market Trends : Rande Is . . . HOME

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To: carepedeum2000 who wrote (41317)11/15/2000 12:34:24 AM
From: maverick61  Read Replies (1) of 57584
 
Carpe - while I am not a trustworthy democrat (might be tough to find one of those - lol - oops couldn't resist), anyone who says the election uncertainty has NOT affected the markets is either crazy, blind, or not wanting to pay attention to reality.

In fact, the main financial programs have been picking up on it as late - CNBC, CNN and FoxNews business programs have all overlayed charts of the DOw and NAZ - with key events such as Daley/Christopher last Thursday, Christopher yesterday, the court decison today.

There are clear and immediate moves in the market that are completely tied to the political arena. How Daley can come on TV and lie with a straight face is beyond me.

And Secr'y Baker's comments about international markets also being in turmoil was also dead on - as major foreign markets were off in similiar large numbers. Charts don't lie - take a look at charts for the last week of the Nikkei, the DAX, the FTSE 100, etc.

make no mistake, the election uncertainty HAS INDEED hurt US and International markets. Its all there is Black and Whit on the charts. Anyone who says otherwise is in self-denial
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