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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (22878)	7/31/1998 5:34:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Monty; This Guy is all wrapped up in his own thing, while he may have noticed that yesterday's rally, which was engineered through some mysterious, I think that's all he got right; ; futures buying may have had some to do with it. And maybe he knows about the 300 page report, but what he don't seem to know, and don't want to admit is that Clinton has several ways to push this thing on the back burner I doubt seriously any impeachment will happen, many have tried such over the years but it's a rare thing for them ever get to congress. Any way in the bigger picture the market is not really moved this way except for some knee jerks that at best get the ones who play on it wiplashed. This is like fitting data into the curve, and saying that is what did it. You can always be right if you hunt and pick and choose the data that will fit the curve. It's a form of Artifice not a lot different than the radicals who read scripture and fit this with that to predict the end is going to be on such and such because the great bear means so and so..and the some other esoteric term of the time , means such and such..they are all just a little more crazyer than average. Did the market crash and burn and go into a huge BK and bear state after the JFK assassination. Heck no it bobbled over the Cuban thing which was real serious..but it was not long before it went on up. Of course had it crashed then the JFK assassination would have been blamed. No matter if it does crash no one will ever get me to believe that a president getting impeached ( if it were to happen which I seriously doubt ) would be the cause of it. That's like some superstition , as you can look at times when the office was won by a land slide and find it didn't cause it to go up either. Heck you can see it in indivdual issues, many of which go up on bad news, and down on good news..there is more behind the market than the news we get. Most people will believe what they want to see, but if you check things out the real cause and effect is often not what the pundits recorded as history. Jim