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Non-Tech : Invest / LTD

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To: Lucretius who wrote (3027)9/17/1998 1:05:00 AM
From: R. Gates  Read Replies (2) of 14427
 
August and September have just been the warm-up's for the main event. Enjoy these last few days of summer and our little upward correction. The fall will bring just that. October 1998 will be one of the most memorable months in stock market history--those who have prepared for the bear market will begin reaping some truly remarkable returns. The market has been floating upward because there has been no new bad news, but not because there has been any good news. That's exactly what it takes to set the market up for a huge disappointment. In the few weeks, it will become obvious that Clinton will not last as President-- regardless of his intentions. Remember it's "Sex, lies, and Videotape." and we still have the video to review. Continued weakness in earnings as they come out in October and the Clinton embarrassment will set the stage for a some rapid drops of the the DOW back to 7200 and then to 6500. All this in October. Happy Halloween...

R. Gates
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