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Strategies & Market Trends : Waiting for the big Kahuna

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To: Philipp who wrote (27089)9/9/1998 4:58:00 PM
From: Terry Whitman  Read Replies (1) of 94695
 
<Likely triggers? I go for Russia again (the probability of a military coup has become somewhat significant), but perhaps it is Clinton. >

I'm sticking with the Clinton Resignation trigger- looking like a better bet as each day passes.

OTOH- When he does finally resign there may actually be a relief rally. If he doesn't resign soon, it could be worse. Like you mentioned, an impeachment proceeding would effectively leave the most powerful nation in the world without a leader. Markets will fear that more than anything.

TW
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