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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (21136)9/8/1998 4:09:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79193
 
Doug

Think it may be time to scoop up some CADE and CSCO

ht
david



To: Doug R who wrote (21136)9/8/1998 9:49:00 PM
From: Cube  Read Replies (2) | Respond to of 79193
 
Doug,

Put on your fundamentalist hat for a moment and help me with something off topic of TA. The following is completely my opinion. Washington DC has turned on a dime. I now think the President will be impeached. The impeachment hearings will start by the week after next. The articles of impeachment will be passed by a slender 51% and sent to the Senate for trial. Here is the part I didn't think would happen so soon: I now believe the Senate has the 67% it needs to vote for removal from office, which I further believe will happen before this November's elections. Of course it would be the President's prerogative to resign at any point prior, but NBC news just reported a White House staffer as quoting the President as saying, "We'll all be snow skiing in hell before I ever resign this office."

Here's the question Doctor: If this plays out as I fear it will, what will the uncertainties bring, and what will an actual removal from office this year do to the markets?

Cube