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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Dwight Taylor who wrote (6491)	1/22/1998 11:00:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 116759

BS-Here is the headline I was expecting>Wall Street tumbles, eyes Clinton sex scandal Wall Street stocks fell in early trading on Thursday as uncertainty surrounding Asia coupled with more allegations of sexual scandal against President Clinton unnerved investors, traders said. The latest allegations against Clinton were injecting some caution into the market, said Kenneth Ducey, director of trading at BT Brokerage. ''Now maybe people on the Hill are talking about impeachment, and if impeachment happens it will put a lot of indecision into the market place,'' Ducey said. ''The market looks a little heavy because of the Presidential problems.'' At 0958 EST/1458 GMT, the Dow was off 54 points at 7739. The New York Stock Exchange imposed index arbitrage trading curbs at 0937 EST/1437 GMT. The S&P500 index wsa off 7.98 points at 962.83. The Nasdaq was down 9.14 points at 1578.78. The long bond shed 4/32 to yield 5.82 percent. 127 yen to the dollar. The dollar was depressed by the allegations and fell to three-week lows against the mark. I would think WE may soon have a "Crisis of confidence"