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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (10484)	11/11/2002 6:15:43 AM
From: Mark Konrad	Read Replies (3) of 13660

Respectfully disagree. Pelosi is an asset to Republicans as she drags House Democrats farther to the left and alienates remaining moderates. Far from becoming a "speed bump" she will likely further turn policy towards the President and ensure public perception of Democrats continues more and more negative. Sad times for JFK Democrats, Dixiecrats and moderate Democrats (if there are any) as the Left Wing goes so far over the edge that only foaming-mouth socialists and Californians will vote for them. Republicans will not likely repeat past mistake of infighting for a while but will consolidate and broaden appeal behind a very popular president. Went largely to cash and gold late last week, locking in huge gains from the past 3-4 weeks. Waiting for short-term overbought conditions in "good stuff" techs to correct before jumping back in for another leg up (possibly by as soon as Tuesday or Wednesday). All the above imo, of course. Traveling from Minneapolis to Green Bay today...it's getting chilly out there! Best to all--MK--

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