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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (3602)11/25/2000 4:54:06 PM
From: Bruce Denney  Respond to of 19633
 
Tom hope you had a great holiday, furthermore, hope you
are incorrect regarding civil unrest...stranger things
have happened though (ggg). Reminds me of my political
youth when I was headed to Chicago in 68 for the demo
convention (certainly not to attend (VBG)...long story short
we were stopped close to Vegas and given a choice between
hightailing it out of the state or a stay in Vegas's fine
jail facilities. To this day I still wonder if that was good or bad karma at play.
ICGE will be good to us this next weeks.
good trading



To: Tom Hua who wrote (3602)11/25/2000 9:47:53 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 19633
 
Tom, I do not expect any riots or other violent trouble no matter who wins the Presidency. Both the candidates are great men with the good of the USA first in their hearts. At the appropriate time one of them will concede and pledge support for the winner. This is America.

The battle will be fought in the 2002 Congressional and Governor elections. If Bush becomes President, I will give two to one odds that the next governor of Florida will be a Democrat. And maybe the opposite if Gore wins. The losing party will redirect the energy and anger to the next elections, not to the streets.



To: Tom Hua who wrote (3602)11/25/2000 9:56:18 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 19633
 
Tom, we should watch the Fed carefully now. It would not surprise me to learn that they are turning up the money pump in response to the election uncertainty. This increased liquidity and much cash on the sidelines could fuel a big January rally.

There are a lot of tax losses to be taken in December which will drive losers even lower. But losing sectors don't usually lead big rallies. So which sector will lead the January rally? Very likely not Internet, telcom, or computer hardware. Software? ASP? Defense? Finance?