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Politics : Did Slick Boink Monica?

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To: WalleyB who wrote (7617)2/18/1998 1:17:00 PM
From: Zoltan!  Read Replies (1) of 20981
 
Stay put. Hedging is expensive if you're in for the duration.

The last thing Slick wants to do is tank the stock market. During the reversal last October I stated on the Cisco thread that if the market tanked big time then Slick was toast. That's still true, only now more than ever. They must know that and they should be counted on to do all they can to keep it up.

As you know, there a demographic mega trend out there called the boomers and they are gonna be sockin' it away for at least another decade, barring an economic holocaust. That points the market in one direction, so ride the wave!. Further, there is an increasing likelihood of major Republican gains this fall - remember, the 6 year slump is very bad for the incumbent's party, even in good circumstances. The better it looks for Republicans, the more the market should rally.

Btw, when Bush waged war I was out in Wyoming for a couple months. Gas went from .99 to 1.45 in a couple of days. That would be a big negative, but there is reportedly a glut now.
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