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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (24627)8/19/1998 12:17:00 AM
From: Daniel Ray  Read Replies (2) of 94695
 
<<attributing a move in the market to something Clinton did is silly>>

The whole thing is a big diversion. It occupies the same psychological space as the Simpson trial.

If you want to understand Clinton or any other big-time politician then read Machiavelli, but don't bother with CNN or any of the U.S. papers.

The fed probably dropped its bias towards raising rates today. It may have even reversed and taken a bias towards lowering. The implications of this are important.

Keep your eyes on the ball if you want to get a hit.

Best wishes all
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