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

To: Hawkmoon who wrote (6010)	11/14/2000 1:22:13 PM
From: David Howe	Read Replies (1) \| Respond to of 10042

<< Some seem to think that having Bush in office would spur a rally and stop the slide. But having penetrated the 3000 level, I'm no longer so sure about that. >> I'm not so sure. My opinion is that the market fell through 3000 because of the election uncertainty. The market is now recovering because a resolution is likely in the near future. The ruling today and other events yesterday and today seem to lean this towards Bush. A retest isn't necessary. Our market has rebounded from false lows (effected by short term issues) without a retest. A V-bottom is a normal bottom and shouldn't be dismissed while looking for a double bottom. Obviously a double bottom of a lower bottom is possible, but I believe we are at or near the low. JMHO, Dave [Edit] IMO, Bush is better for a large part of the market.