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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?

To: Sparky Beardslee who wrote (3464)	8/14/1998 8:25:00 AM
From: Bruce A. Brotnov	Read Replies (2) \| Respond to of 4142

Sparky, market will open higher based on futures at 9.50. Overseas markets mostly rebounded 1-9% so I am looking for hitting 100+ during the day and then closing up in 50 area. How is that for a wild guess. <G> Should be a wild morning as shorts run for cover and some of the sideline money put into play, afternoon will likely see some sell off in advance of weekend worries, esp as the country worries about the preservation of the Presidents character (and he is one).<G> Take a look at FNF for a solid financial stock that held up the last 2 days with nice gains. FAF is a second choice. ANF looked pretty good on my watch list. Bruce

To: Sparky Beardslee who wrote (3464)	8/14/1998 11:25:00 AM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 4142

Sparky, I was just thinking about Monday's testimony and perhaps he is innocent along with the other 39 scandals (last count) but I was thinking of THREE STRIKES AND YOUR OUT (Nixon only got one strike). Think of 3 of his hats. 1. Citizen of USA - legal system does not allow perjury w/o penalty (swearing falsely under oath) 2. Commander and Chief of Armed Forces (his lawyers used earlier to try to exempt from Paula's charges) - subject to Uniform Conduct of Military Justice - Conduct unbecoming an office (dismal from service for officer to have sex with someone under command or officer with any enlisted) 3. Head over Federal work force (OPM) - almost automatic dismissal for manager who has sex with their employee (consentual or not). Applies to any one in a position of authority to take advantage of an employee under their control. Wonder if any fired employees will contest their firings. Can anyone be above the law? The above 3 strikes (no one mentions #2,3) are of concern if justice is actually done and the market as it is very nervous and it will be hard for the market to swallow the risk today and Monday. If nothing happens then the market will rejoice and we have the leading figure in the nation and world, spared by popular opinion, for the children to learn from. That is scary! Bruce