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Politics : Idea Of The Day
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To: James Strauss who wrote (23463)2/12/1999 2:40:00 PM
From: Judy  Read Replies (2) of 50167
 
Jim, the market responds to events for what they are worth. Clinton was a non-event and the market treated it as such. Yesterday's testimony by Greenspan on banking reform was viewed as a positive since it makes the whole financial industry more competitive, meaning more profitable in the long-term.

Let's see how the markets close today ... and how it responds to Clinton's statement. So far the movement of stocks in general look normal for the clearing of strikes.
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