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To: Road Walker who wrote (121382)12/8/2000 3:39:06 PM
From: Jim McMannis  Respond to of 186894
 
RE:"The biggest rally came on the Greenspan speech, that implied that the FOMC would adopt a neutral bias. I do agree with you that this election stuff needs to be out of the way before we can mount a meaningful rally. And I think a stronger rally would take place with a Bush win than a Gore win. But if you think that's the only thing holding the market by the ba--s, you are wrong. To quote one of your favorite people "It's the economy, stupid"."

The market was up 200 BEFORE AG opened his mouth. Granted...AG did help it along...but profit taking the next day wiped out mch of AGs rally...
Still, a change in Bias is great...and maybe we have Gore to thank for it! Go Gore...
OTOH, let me have my fun with the "Gore didn't have anything to do with it" guys...LOL Please...

Jim