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Politics : Did Slick Boink Monica? -- Ignore unavailable to you. Want to Upgrade?

To: WalleyB who wrote (7617)	2/18/1998 12:51:00 PM
From: flickerful	Read Replies (1) \| Respond to of 20981

a meager few cents. last time, the market shot up around a century. yesterday, a commentator on cnbc, whose name i did not catch (although i believe he is a semi-regular) seemed to feel should we go in: the market would react favorably, albeit without the same aggressive enthusiasm, and after a brief spike, it would return to the prevalent trending. in other words, a non-negative event.

To: WalleyB who wrote (7617)	2/18/1998 1:17:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 20981

Stay put. Hedging is expensive if you're in for the duration. The last thing Slick wants to do is tank the stock market. During the reversal last October I stated on the Cisco thread that if the market tanked big time then Slick was toast. That's still true, only now more than ever. They must know that and they should be counted on to do all they can to keep it up. As you know, there a demographic mega trend out there called the boomers and they are gonna be sockin' it away for at least another decade, barring an economic holocaust. That points the market in one direction, so ride the wave!. Further, there is an increasing likelihood of major Republican gains this fall - remember, the 6 year slump is very bad for the incumbent's party, even in good circumstances. The better it looks for Republicans, the more the market should rally. Btw, when Bush waged war I was out in Wyoming for a couple months. Gas went from .99 to 1.45 in a couple of days. That would be a big negative, but there is reportedly a glut now.