Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (16252)	9/10/1998 11:48:00 AM
From: Nemer	Read Replies (2) \| Respond to of 53068

Dan ---- ====> However, impeachment is a possibility and I'm curious how the market reacted back then I was a totally different creature way back then (buy it, put it away, forget about it hold hold hold hold ) ...... and it did work well, back then ........ so I can only guestimate on faulty recall, the market reaction, but it seems as if it was similar to the GulfWar situation ...... down down stabilize slight up more up and back to normal --- (don't ask me to define normal ..... VBZG) I have posted to you without benefit of any research ..... only vague and faulty memory ...... which, if you live long enough, you will understand ......... GGGG Regards ---- Nemer

To: DanZ who wrote (16252)	9/10/1998 12:25:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 53068

Dan, as I recall, Nixon resigned [I think] in Aug of 74. The DJIA dropped for several months before and after his resignation. Here are some dates and numbers for the DJIA: Jan 73: 1046 Jan 74: 861 Jun 74: 853 Aug 74: 785 Sep 74: 678 Jan 75: 641 Jan 76: 899 As you can see, the DJIA was lower AFTER his resignation than before, but the entire year of 1974 sank lower. How much any of that had to do with Nixon, I don't know. Ice

To: DanZ who wrote (16252)	9/10/1998 3:23:00 PM
From: Johnathan C. Doe	Respond to of 53068

Impeachment is a certainty now; now longer just a possibility. The country is getting behind the idea. Clinton has to be removed at this point. I don't know if they will get him tossed out by the Senate, but impeachment in the House is a certainty. The Democrats are getting destroyed with all of this as badly as the Republicans over the closing of the government. The Republican stategy is working out. The longer this goes and the more serious it gets, the worse for the Dem's. The Dem's have been destroyed by this.