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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: wooden ships who wrote (3058)1/24/1998 5:49:00 PM
From: wooden ships  Read Replies (6) | Respond to of 42834
 
Bob Brinker today proffered three prospective scenarios relating
to the present scandals swirling about our "leader" and their
possible effect upon the stock market. To wit,

1) Impeachment by the House and trial by Senate for felony
perjury by Mr. Clinton.

2) Resignation by Mr. Clinton in favor of of Mr. Gore.

3) Allowance for Mr. Clinton to remain in office as a
discredited and disgraced lame duck.

Brinker avows that scenario #1 would be the most excruciating
to the financial markets because it would entail a protracted
term of uncertainty and crisis. He suggests that a retest of
the 7400 dollar buying opportunity range would likely prevail
under that circumstance.

Brinker posits that the fallout with respect to scenario #2 upon
the markets would be a "one day event." Brinker avers that Mr.
Gore would add stability at this juncture and is preferable to
the current incumbent.

If scenario #3 ensues, that is, Mr. Clinton is allowed to "twist in
the wind" as a discredited and ineffectual lame duck, Mr. Brinker
supposes that the markets would respond favorably given the political
advantage accruing to the Republicans in Anno Domini 2000 if Mr.
Gore is not an incumbent president at that time.

Further, Brinker speculates that it is possible that a politically
and legally wounded Clinton might resort to a military strike
against Iraq as a diversionary tactic (as postulated prior by our
I2). He also dismissed out of hand the charge that Clinton's
adversarial political party is at the heart of this legal assault
upon the president. That accusation, according to Brinker, falls
of its own weight given that the opposition party seemingly has
more to gain if Mr. Clinton serves out his last term.

In spite of this, Brinker remains unwaveringly bullish and steadfastly
recommends all out purchase of the market at any point below 7500
dollars on the DJIA.