The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: MythMan who wrote (3760)	11/7/1998 6:01:00 PM
From: gregor	Read Replies (1) of 5676

MM ; I'm just trying to look forward to Monday morning. If the market reacted to a positive Democratic victory on election day with a 100+ point rally then Gingrich's resignation may well bode for a 200+ rally. I'm not predicting just speculating. Gingrich was viewed with contempt by both pro Clinton liberals and conservative Republicans who thought his policies were too conciliatory. Call it the Bush, inside the beltway, moderate. For example, many thought that he should not have bargained a tax cut away from an 80 billion dollar surplus when the tax burden is at an all time high. So , therefore, his ouster would be likened as an interest rate cut or two. The only reason I'm thinking this is that there are so many people happy to see him go that the reaction may as well be like pouring gasoline on market euphoria.

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