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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (64042)	12/9/2000 4:23:56 PM
From: sandeep	Read Replies (2) \| Respond to of 99985

The democrats have already said that they picked up 36 votes. BUT now listen to the nonsense from the FLA supreme court. The palm beach county officials said that there was a difference of 176 votes, but the FLA supreme courts added 215 votes in that county. Can't these guys not hide their judicial aggression ?

To: Gary Burton who wrote (64042)	12/9/2000 5:20:34 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

Don't see why market should go "straight up," as it seemed already to have been rallying on expectation of a Bush win/closure, the FL SC decision didn't come until the close, and, until the US SC rules, the game will only seem to be over. How many times already have we all been whipsawed by this story? Still, the whole thing reminds me of the Super Bowl: Looks like Tennessee just got tackled a few yards shy of the end zone. I find it hard to believe that the "conservative" Supreme Court would be intervening in this matter, in favor of the suppression of votes, and against its own pretentions of non-partisanship, but this whole thing has been unbelievable. Regardless of precise timing, it does look like there's a good chance for a fairly sustained "make-up" rally. Whether it puts an end to the bear market in techs will depend, in my opinion, not only on whether the Fed cuts interest rates and no new negatives arise, but on whether interest rate cuts, among other factors, really do lead, over the course of months at least, to an earnings/growth rate recovery.

To: Gary Burton who wrote (64042)	12/9/2000 5:59:48 PM
From: Stephen M. DeMoss	Read Replies (3) \| Respond to of 99985

Gary, I think you could be correct. But what may happen Monday morning at 9:30 could be allot differant than what happens at 10:15(et). The uncertainty is still very present. You are correct that the bias by the SC is toward GB, but that is no guarentee. I see very flat trading during the day after a possible short covering rally. It could even be down as people may be sick of the uncertainty. Like Haim, I think it is wise to let some of this clear up before placing any bets. It really could be serious gambling if we get any more surprises. Good luck. Ps. Were you in Aplx with me years ago? You don't have to admit it<G>! Steve D.