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To: carepedeum2000 who wrote (41317)	11/14/2000 11:30:07 PM
From: JLS	Read Replies (2) \| Respond to of 57584

Well Daley's right, just as Carnegie was right when asked what will the market do tomorrow, and he said, "It will fluctuate." On a weekly chart, this week's moves in the Naz look tame compared to April or the grinding downdraft from August. The market has been chewing them up and spitting them out for a long time now. It didn't start this week. The retest of 2850 was expected and election outcome uncertainty was probably the catalyst it needed. This is still one ugly, ugly market and one up day does not a trend make. Yeah, the herd doesn't think before it acts so without knowing much about potential outcomes or realizing that we will have a new President eventually, they sold. This is an incredible moment in history we are witnessing, unprecedented but not uncertain. Ultimately the judges who have been elected to interpret the laws of this land to the best of their ability will steer a course through which this will be solved, and we will get a President. Polls are saying that a majority of Americans favor the recount, that it's more important to get it right than get it over with. The question becomes how long is too long. Why is Baker saying this is affecting the world markets when the dollar has held it's own throughout this whole time? If foreigners were worried they'd be selling off their dollars, but they aren't. Be wary of the spin. It's a big game of PR right now. I am starting to take a lot of the subjective out of my trading as it seems to get in the way for me. I don't need to know "why," just price, volume and a little ADX to confirm. Simpler is working much better for me these days. All the subplots get tedious and put emotion in where it doesn't need to be. Julie The best of times for traders: contraryinvestor.com

To: carepedeum2000 who wrote (41317)	11/14/2000 11:40:24 PM
From: James F. Hopkins	Respond to of 57584

Nothing has really changed , the rhetoric hit the News Friday , short term traders had a knee jerk reaction but take a good look..we are right back where we were before all the shit started. And nothing has been resolved. As for the down trend that's been with us since Sept. GreenSpam has wanted the market down for some time as he thinks the "wealth effect" is not good for us, so he has cut off liquidity "dramatically" and when he re-opens the spigot we will go up. Jim

To: carepedeum2000 who wrote (41317)	11/15/2000 12:34:24 AM
From: maverick61	Read Replies (1) \| Respond to of 57584

Carpe - while I am not a trustworthy democrat (might be tough to find one of those - lol - oops couldn't resist), anyone who says the election uncertainty has NOT affected the markets is either crazy, blind, or not wanting to pay attention to reality. In fact, the main financial programs have been picking up on it as late - CNBC, CNN and FoxNews business programs have all overlayed charts of the DOw and NAZ - with key events such as Daley/Christopher last Thursday, Christopher yesterday, the court decison today. There are clear and immediate moves in the market that are completely tied to the political arena. How Daley can come on TV and lie with a straight face is beyond me. And Secr'y Baker's comments about international markets also being in turmoil was also dead on - as major foreign markets were off in similiar large numbers. Charts don't lie - take a look at charts for the last week of the Nikkei, the DAX, the FTSE 100, etc. make no mistake, the election uncertainty HAS INDEED hurt US and International markets. Its all there is Black and Whit on the charts. Anyone who says otherwise is in self-denial