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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (93833)7/12/2002 4:09:18 AM
From: LTK007  Respond to of 99280
 
Ari Fleischer reveals he knows zero on how ther market works
<<If anything it went up a small amount. Stock markets go up and down for a wide variety of reasons, seldom linked to the speech of any one person even if the person is the president," he said.

Fleischer continued: "Only a fool or a partisan politician would suggest it was a result of someone's speech, even the president's speech. That's a bad misunderstanding of how markets work." UFB! Max



To: Softechie who wrote (93833)7/12/2002 4:14:11 AM
From: LTK007  Read Replies (2) | Respond to of 99280
 
NDX futures just dropped from plus19 to plus9.5 in a short time frame.



To: Softechie who wrote (93833)7/12/2002 5:11:32 AM
From: LTK007  Read Replies (2) | Respond to of 99280
 
<<But Rep. Michael Oxley, R-Ohio, chief architect of the House bill, suggested a "cooling off period" until the fall in efforts to draft a final compromise.

Oxley, chairman of the House Financial Services Committee, derided the Senate's labors as a "feeding frenzy ... get an amendment out and send out your press release.">> Oxley lives in the pocket Corporate America like he is their pet mouse. As head on Financial Committee, he is the number one obstacle of any substantial change. i will never forget his fawningly polite statement that Ebbers be allowed to leave the proceedings without having to face questioning and have to plea the fifth over and over. When one person asked Ebbers 'Can you sleep at night?" he read the fifth with a smirk on his face, he was holding back from out right laughing.
And even though S&P will charge stocks option as an expense they will be doing so of their own independent decision, as even though McCain, Greenspan and Buffet are campaigning for counting stock options as an expense, they today are saying the bill doesn't have a chance to pass, big business is applying every thing they have to stop this one.