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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Peter Church who wrote (370)10/13/2000 11:54:37 AM
From: Peter Church  Read Replies (1) | Respond to of 431
 
Feeling bouncy today? I covered my short calls and expect to rally for awhile. The oversold condition is working off and large shorts may be covering ahead of the weekend. Plus there is that "Plunge Control" rumor.

Who knows what Clinton will throw. War creates a bull out of everyone overnight. Really, that looks like Clinton/Gore's best move here. What would Machiavelli say about the politics of the stock market and elections?



To: Peter Church who wrote (370)10/15/2000 5:13:19 AM
From: Alfred W. Post  Read Replies (1) | Respond to of 431
 
You are right. It is a statistical fact that we seem to consistently get an bull market in an election year. I believe however that the American econolmy is strong despite a slowing down. Just a few month ago this would have been considered a bullish sign, because it would free the FED to leave interest rates where they are. And if things ought to get worse - which I do not think will happen - than they now h have the possibility to help things along with a CUT in rates and we know what that would do to the market. So keep smiling,dont worry. Fred