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To: Mike 2.0 who wrote (33481)4/5/2000 2:51:00 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 77400
 
Republicans who try to hang the Nasdaq crash on Clinton, Gore and/or Reno are demonstrating a lack of market
savvy.


They ignore the fact that Judge Penfield Jackson was appointed to the federal bench by Ronald Reagan.



To: Mike 2.0 who wrote (33481)4/5/2000 2:53:00 PM
From: Bill  Respond to of 77400
 
I think it's fair to say the government's obsession with punishing Microsoft acted as a catalyst, or better yet an excuse, for the correction of the last few days. Obviously the techs are rich stocks to begin with and many large fund managers are uncomfortable getting this far ahead of the earnings curve. Margin calls exaggerated the selloff in day 2.

As usual, it was a combination trigger.



To: Mike 2.0 who wrote (33481)4/5/2000 8:02:00 PM
From: Zoltan!  Respond to of 77400
 
>>but a more savvy market watcher might expect Gore to
brag that the Nasdaq is still up 569% since his January
1992 inauguration. Perhaps Rush should leave the
market analysis to us; we'll leave Whitewater to him.


Cory Johnson ain't too bright. Most of that gain happened since the Republicans took control of Congress in 1994 and ended most of the Clinton/AlGore threat to the economy. There was a huge rally after the 1994 elections and that has continued.

btw, note to Cory Johnson, this is the 18th year of the Reagan Bull Market.

None of the Clinton/AlGore big spending plans have passed since. Clinton fought the balanced budget but relented to the historic turn as his re-election drive loomed.