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Politics : Electoral College 2000 - Ahead of the Curve -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (2622)11/19/2000 1:01:15 AM
From: Windsock  Read Replies (1) | Respond to of 6710
 
Carolyn F - Re: "IMO, a Gore win signals a LT bear market; found out I am not alone in this belief; be prepared for disaster."

Please provide a source for the "others" that share your opinion.



To: Carolyn who wrote (2622)11/19/2000 6:35:11 AM
From: Venditâ„¢  Read Replies (2) | Respond to of 6710
 
Im not sure if you are aware of this but after it was announced late in the day on Friday that the state of Florida was not to certify its votes on Saturday a general across all sectors market sell off began and continued after hours.

Take ORCL for instance, it's official closing price
was $27 3/8 setting up a technical rebound. It's after market last trade was $24 13/16 with an after hours low of about $24.

Carolyn that is over a 10% swing in after hours which has not yet been factored into the open market and wont be until Monday at open. Few stocks did not have an after hours sell off. Monday wont be a good day.



To: Carolyn who wrote (2622)11/19/2000 7:35:47 AM
From: Venditâ„¢  Read Replies (2) | Respond to of 6710
 
A rewrite of a famous Beetles song which I find very fitting:

Open this first and then read on.
house-of-e.freeserve.co.uk

HILLARY CLINTON

Ah, look at all the foolish sheeple
Ah, look at all the foolish sheeple

Hillary Clinton
Aids and abets all the crimes that her husband commits
Lies she permits;
She holds no Oval office
That doesn't stop her from meddling in all that she can
She has a plan.

All the foolish sheeple
When will they all wake up?
All the foolish sheeple
They never will wake up.

Hillary Clinton
Travels the world giving all of our money away
Where's she today?
Spreading her dogma
Teaching the women abroad how to kill their own seed
No mouths to feed.

All the foolish sheeple
When will they all wake up?
All the foolish sheeple
They never will wake up.

Ah, look at all the foolish sheeple
Ah, look at all the foolish sheeple

Hillary Clinton
Watched as her husband destroyed us and lent him a hand
Just like she planned;
Ruined the nation
And of the land of the free and the home of the brave
Nothing was saved.

All the foolish sheeple
When will they all wake up?
All the foolish sheeple
They never did wake up.



To: Carolyn who wrote (2622)11/19/2000 8:28:24 AM
From: jttmab  Read Replies (1) | Respond to of 6710
 
There's actually a fair number of people that were expecting a long term bear market before this election stuff ever happened. Please note the conservative position that the current administration had nothing to do with the current economy...so why would a new Democratic administration had anything to do with the new economy?

But returning to market fundamentals. One should consider that historically the markets have an average P/E of 15. The NASDAQ has an average P/E of over 100; the S&P and average of 26 and the DOW an average P/E of either 17 or 19 [can't recall which at the moment]. It would be very difficult for investors who are familiar with the underlying fundamentals to assert that the average P/E of either the NASDAQ or the S&P is indefinitely sustainable. Considering that there is a slowing of global economies it would be pretty hard to blame it on any administration, let alone the next one. The argument then, that a Gore win results in a LT Bear Market is baseless whether or not a set of people agree that it would. I recall a number of conservatives that predicted the collapse of the markets if Clinton were elected, he was they didn't; hence the new "theory" that the current administration had nothing to do with the economy.

Best Regards,
jttmab