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Strategies & Market Trends : Waiting for the big Kahuna
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To: Death Sphincter who wrote (35206)12/11/1998 5:39:00 PM
From: Haim R. Branisteanu  Read Replies (3) of 94695
 
Carl, the speculation of Clinton removal from office is already in the market at a 55% no to 45% yes.

If proceedings will move to the Senate, the market will rally as no new legislation will be worked on and markets love political paralysis.

I am not sure about the dollar and tend to incline for a devaluation, which will hurt stocks.

If nothing will happen on the 17, e.g Censure then there will be a brief rally and after that a slide to the cellar as democrats will start their merry ways of spending.

BWDIK
Haim
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