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Strategies & Market Trends : Canadian Market Direction

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To: Jan Johnstone who wrote (1)	6/1/1997 9:07:00 PM
From: Dave.S	of 35

Jan: Up to last Tuesday, May 27th, the market had assumed a Liberal Majority and was rallying. On tuesday the Globe and Mail indicated that the Liberal support was slipping and a majority was not a sure thing. The market then sold off until friday. From this we have to conclude that with a Liberal majority the market will rally, otherwise with any other result, we will have a selloff. Basically the market likes Paul Martin and his policies. But this for the short-term. In the long term the market is going up whatever the election result is. As I indicated before: exchange2000.com Dave

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