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Strategies & Market Trends : January Effect 2004
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To: stevenallen who wrote (50)10/24/2004 1:11:42 AM
From: EACarl  Read Replies (1) of 55
 
RE "we get a relief rally once the winner is determined"

That may take some time.
After the last presidential election, I think the awareness
of voting machine issues and similar situations has grown
to the point that no matter what happens, there will be
lawsuits/recounts/state governmental actions etc etc etc
that could mire the process for a very long time. There
will be armies of lawyers involved and you know what that means - Time moves slowly! Buyers could be on "hold" during
that time and combine that with tax selling (especially in
tech stocks which have been hit hard this year) and we may
yet pick up some bargains.

Regards, Eric.
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