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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (17786)5/2/1998 5:19:00 PM
From: paulmcg0  Read Replies (2) of 94695
 
This market has now been given the "Kiss of Death" officially. Here's an article I spotted:

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Clinton Bullish on Stocks

WASHINGTON (Reuters) - President Clinton said investing in the stock market was a good idea and that U.S. consumer confidence was likely immune from the investigation by special prosecutor Kenneth Starr, according to excerpts of a television interview. In clips from an interview with CNBC to be broadcast Monday, Clinton said he would invest in the stock market ''but I would also recognize that it goes down and it goes up. But what the American people need to know is that if you can hold your investments long enough, over any given 15 or 20- year period, the stock market has always outperformed government bonds in earnings.''
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Be afraid... be very afraid!

Paul M.
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