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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: space cadet who wrote (1930)12/15/1998 4:53:00 PM
From: Stephen  Read Replies (3) of 99985
 
space cadet, being British, I am not totally familiar with your impeachment proceedings. My understanding is that the negative with impeachment going forward is a) negative tone, b)lame president & congress c)increased risk of problems re-emerging from Iraq or some other troubled area. I have also heard it mentioned that the market likes the Clinton, Greenspan, Rubin combo plate ... so any threat is bad. There also seems to be a growing feeling that a vote for impeachement may not result in a slam dunk nay vote in the Senate ... and frankly, as everything seems to turn on a dime ... I am even starting to believe it myself !!

Time will tell ...

Stephen
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