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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (83326)	8/27/2000 12:29:36 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 132070

As for Gore, there is no question in my mind that he would become the second coming of Jimmy Carter and the ultimate Savior For Gold. If there is anything that can derail this Bull Market, it is Al Gore. A mighty scary thought... Indeed, I read something today where Carter is being excoriated by Alaska's democratic governor. It seems that that our former peanut farmer/nuclear physicist turned pseudo-president mouthed off about encouraging Clinton to declare monument status to the coastal plains off the north slope in order to prevent oil exploration. Governor Knowles fired back that Carter effectively was calling upon Clinton to circumvent the public debate and political process by using an executive order before he departs and abusing his visit to Alaska in order to send this message to Clinton: adn.com This at a time when oil prices continue to climb and our national trade deficits continue to suffer under having to import foreign oil. Btw, with regard to the current market environment, some folks think we're heading for a bear market. Yet, they seemingly choose to ignore that the greatest majority of all listed stocks (something like 75% of them) have been below their 200 DMA for quite a few months already with only the big caps carrying the ball. What will happen when we get the impression that AG is done raising rates and may actually be forced to reduce them (in order to relieve the pressure on the Euro)? Maybe we'll see the long overdue broadening of the over markets and a resurgence in the small caps. Personally, if we went to Dow 35,000 without any major corrections and/or consolidations, I would also be bearish. The good times will eventually end, but that will likely be when the baby boomers turn to asset preservation rather than asset growth. Regards, Ron