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Politics : 1998 Election impact on market
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To: Jeff Bond who wrote (18)11/4/1998 12:37:00 AM
From: Roger A. Babb  Read Replies (2) of 26
 
Jeff, I agree with you and it looks like we got our wish. The election results are very bullish for the following reasons:

1. Balance or gridlock continues.
2. The public clearly does not want impeachment and that will come to a quick end now.
3. The Bush brothers are now in control of the Republican party and will move it toward the center and away from radical Newt. The party will shift its attention toward electing Bush in 2000 and away from trying to push Newt in the back door via impeachment.

Expect 9000+ on the Dow within two weeks.
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