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To: isopatch who wrote (78317)11/9/2000 1:09:16 PM
From: isopatch  Respond to of 95453
 
Folks the markets don't like political uncertainty! Check the indices:

Hard to find many in the black and heading south faster than I can type.

Every day my cash position gets more valuable. In fact I may increase it a bit above the current 34%.

If this political mess in FL gets tied up in the courts for weeks OR LONGER? We are in very big trouble. You can expect a major exit by foreign investors and our institutions may already be starting to anticipate that.

IF and again it's a very big IF. If we do see this disputed presidential election even threaten to become a long free for all in the courts, IMO we WILL have a market meltdown of major proportions that is just now beginning.

First target is new lows for the year in all the major indices. Then MINIMUM 9,300 on the Dow.

Got cash?

Isopatch