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


To: flatsville who wrote (65417)12/28/2000 5:34:11 PM
From: jmootx  Read Replies (2) | Respond to of 99985
 
Bush only has to be concerned with 2002-2004. If the economy tanks for 2001 and even into 2002, then so be it. If it recovers by 2004 he will be re-elected. Voters do not want to risk a change so soon during a recovery.

And I disbelieve that the average voter is going to blame it on Bush. The stock market made people feel poor last Spring and Summer, and this Fall's decline was the icing on the cake. They voted with their wallets, not only ousting Gore, but went slow at X-mas. The vast majority accept the press as biased, so it is more of a family dinner table decision. Why can't Sally get her Mustang this X-Mas?? Mom and Dad tell her it is because their stocks sank all year.

The key is that Greenspan will not cut rates IMO at the end of January if Bush pushes tax relief during the first days of his administration. The January rally will lift stocks, adding to the deterrent to lower rates. As long as unemployment remains below 5%, Greenspan will not act. That has been his true gripe all along. Full employment is the hazard to Greenspan above all else, IMO.



To: flatsville who wrote (65417)12/28/2000 6:59:32 PM
From: Tunica Albuginea  Respond to of 99985
 
OTOTOT//flatsville, Bush is clearly responsible for a 40%
of the Nasdaq fall that started last March.

Americans then where already starting to suspect that
their lying, cheating,draft dodging, impeached Prez would loose
and that an incompetent Republican would win.

The omniscient Market immediately sensed these
developments and went South.

NBC, CBC , CNN and CNBC are already planning a documentary
in this
pin pointing exactly how the biggest decimation of the Nasdaq, starting in March 1999,
when most Americans hadn't even heard let alone seen Bush,
was clearly caused by him.

Especially his previous connections to the shady
Reagan and Bush Sr. were damning in nature.

To a true Democrat all this makes perfect sense.

I am glad that you and me now finally agree on something,

TA
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Message #65419 from flatsville at Dec 28, 2000 5:13 PM
Unfortunately, he will be used as the scape-goat for all this country's problems, before the man is even inaugurated.

Being blamed for the above is completely avoidable, but not on his present course.

latimes.com