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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (35783)11/16/2000 4:50:29 PM
From: jttmab  Respond to of 42787
 
J.Baker said he thought the markets were all focused on the counts; and the Dems (I think Daley) said, the markets don't care, aren't watching and go up and down regardless.

IMO, they are both wrong; but Daley's a little closer. NAZ has been headed down a lot longer than the election. Initially, the markets were reacting, but most of this week, the market will give a twitch when judge or Secretary says something and 15 minutes later it's back where it was. On the other hand when Merrill says semis suck....or the Fed is worried about inflation [Does anyone remember the last time AG wasn't worried about inflation?] that moves the market. But I do think the market will rally, regardless of who wins, when it's over. In the end, I'd bet two twinkies that Bush wins.

Regards,
jttmab



To: OX who wrote (35783)11/16/2000 5:45:30 PM
From: dennis michael patterson  Respond to of 42787
 
Gore could care less. I am sure he's telling himself "once I'm in, it'll snap right back" duh!



To: OX who wrote (35783)11/16/2000 8:12:13 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 42787
 
Except for a few sectors, like pharm and tobacco, I don't think most investors care who wins. Whoever wins will be weak because of questions regarding legitimacy and because of the relatively even split in Congress. I believe the market has priced/is pricing that in. Heard a poll of investors showed a 3% preference for Bush. Not a big deal. Bill Gates could cause a bigger splash if he decided to double his charitable giving next year.