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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BoNg-N-BoNg who wrote (307)9/11/1998 12:35:00 AM
From: BoNg-N-BoNg  Respond to of 43080
 
a little bit OT - latest on Starr's report that will affect the market tomorrow...congress has planning to post most of the 445 pages report on internet tomorrow as soon the House votes for its approval.. If that is the case and as soon posted, I think going short would be a good strategy....

>>>>>
Democrats Said To Warn Clinton

WASHINGTON (AP) -- A congressional source said President Clinton was warned bluntly Thursday in a meeting with Democratic senators that impeachment is a possibility in the wake of Independent Counsel Kenneth Starr's report. One senator was quoted as telling the president his support in Congress was ''very thin.'' House Republicans made plans to give widest possible distribution to 445 pages of Starr's report by posting it on the Internet tomorrow, as soon as the full House votes its formal approval. The president assured Senate Democrats at the White House there would be no damaging new revelations when the material is made public about his relationship with Monica Lewinsky and related matters.

Sources: Starr Alleges 11 Offenses

WASHINGTON (AP) -- The report Independent Counsel Kenneth Starr sent to Congress Thursday lays out detailed evidence that prosecutors contend shows 11 impeachable offense by President Clinton, legal sources say. The offenses include perjury, obstruction of justice, witness tampering and abuse of power, say the sources. The report provides a damaging portrayal of Clinton's contacts with Monica Lewinsky and Oval Office secretary Betty Currie, the sources said. Starr's report accuses Clinton of lying in portions of his Aug. 17 grand jury testimony as well as his Jan. 17 sworn testimony in the Paula Jones lawsuit, the sources said.

copyrighted 1998 - Associated Press
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To: BoNg-N-BoNg who wrote (307)9/11/1998 8:16:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
MU

Thanks for the feedback. It did jump nicely after hours.

If anyone can post a pre-open indication for MU, I would appreciate it.

LastShadow, given the volatility on MU yesterday, would it make sense to sell my position if it were to gap up in the morning, or would you recommend a hold with a stop ?

David