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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: KymarFye who wrote (64063)	12/9/2000 10:52:25 PM
From: Hector	Read Replies (1) of 99985

<Hard to avoid conventional wisdom that Gore's back to severe longshot status> Keep in mind that on Thursday night before the Friday Florida Supreme Court ruling, the conventional wisdom from all the "experts" on television talk shows, including Democrats, was that it was over for Gore. Anything is possible, even though it may be unlikely. The way I see it, the market will go down sharply immediately after the announcement even if the SC rules in Bush's favor (i.e., sell on the news) and then resume its intermediate uptrend shortly thereafter.

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