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Politics : Formerly About Applied Materials
AMAT 225.18-1.5%3:59 PM EST

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To: Joseph Beltran who wrote (51661)9/7/2001 12:15:30 PM
From: John Trader  Read Replies (3) of 70976
 
Joseph, Regarding "Bush really seems out to lunch.", I agree. My guess is the Nasdaq would be about a 1000 points higher now if Gore had one. He does not score well when it comes to instilling confidence, plus I think a lot of his policies are bad for the tech economy and stocks overall (e.g. proposing a new missile defense system at a time when there is no money for it, tax cuts that take effect years from now and are based projections that are way too optimistic, opposition to a capital gains tax cut which some republicans are proposing right now, and lastly the fact that he has instilled mostly a lack of confidence in other leaders/people around the world). The only question I have is how bad is going to be going forward from here under a Bush administration. Maybe for the next three and half years we should be in oil stocks. Hope I am being too pessimistic here, and things will turn out ok after all.

John
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