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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.49

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Jan 27 4:00 PM EST

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To: donald sew who wrote (7099)	2/27/1999 11:00:00 AM
From: Les H	Read Replies (1) of 99985

Perhaps there was news of the impending article in Barron's today about Greenspan's reappointment being doubtful. Seems Clinton/Gore are mad with Greenspan for opposing their Social Security "surplus" scheme. They also ran an article about the false government budget "surpluses". They're also not keen on his getting credit for the economy. On the Republican side, they wrote that Bush blames Greenspan's slow response to the economy in 1991 for costing his reelection. Considering that the banks/S&L's were having difficulties and the economy was in recession in 1990-1992, they have a point.

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