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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (11238)	10/17/2002 5:15:43 AM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 30712

Jeff: Thanks. Yes, people have forgotten the economic numbers on tap.

To: Jeff who wrote (11238)	10/17/2002 6:07:26 AM
From: Big Dog	Read Replies (2) \| Respond to of 30712

It seems to me that you have to factor in the November elections. Wall Street is Republican. The bane of Bush I and Bush II has been the economy. Many citizens are angry about their 401k's. A manufactured run might appease them. However, most citizens work for small and medium sized businesses that don't offer 401k's. A powerful run between last week and Election Day will make them "feel" good. Feeling better may translate to assisting President Bush in getting the two groups of citizens to vote for Republican Senate and House candidates. It would be extremely helpful to President Bush to work with a Republican controlled House and Senate for the two remaining years of his administration. Once Wall Street accomplishes that, you can expect the market to go down.