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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (5751)11/12/2000 8:41:05 PM
From: Frank Griffin  Read Replies (2) | Respond to of 10042
 
Bush has been a gentleman and is fully willing to concede if after the count of the absentee ballots he loses. Another recount is what is impossible to do fairly. It is my understanding that, historically, there is a 3-5% error rate accepted as the norm in elections. You people have selectively tried to create a situation that you hope will allow you to, unethically, STEAL the election. I wouldn't classify you as a thinking nor loyal American. Why doesn't Gore agree to a reasonable conclusion. Count the absentees and then determine the winner and the loser remain a Statesman rather than a whore. If the Gore campaign would agree to that very reasonable position then America could breath again. And, the markets might return to an uptrend.



To: pezz who wrote (5751)11/13/2000 12:05:09 AM
From: David Howe  Read Replies (2) | Respond to of 10042
 
pezz,

<< Funny... I thought it was Bush crashing the market.....I learn something new every day on these threads >>

Let me fill you in on something. I watched the futures market the night of the election (Tuesday). There were very wild swings that went as follows:

Gore declared the winner of Florida. Futures down dramatically indicating a very large selloff in the markets.

Florida moved back into the undecided category. Futures recover to neutral.

Bush declared the winner of the election. Futures move sharply higher indicating a large rally for the next day.

Florida again becomes too close to call. Futures move lower and lower as the gap closes.

Following the election itself. The markets have sunk further and further the more it looks like Gore has a chance to win.

Yes, uncertainty causes market weakness, but the idea of Gore in office is also scaring the market. The good news is that once this uncertainty is resolved once and for all, the market will rally. It will be a sharp rally, but not necessarily one that will lead us into the next bull market.

In my opinion.

Dave