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


To: Haim R. Branisteanu who wrote (30712)10/7/1998 10:47:00 PM
From: Gary Walker  Respond to of 94695
 
Crash of '29...John Kenneth Gralbraith

Too many similarities to now to mention....a must read.




To: Haim R. Branisteanu who wrote (30712)10/8/1998 7:03:00 AM
From: j g cordes  Respond to of 94695
 
If Clinton will resign, after a short selloff the market will rally over 1000 points. Fed will ease 50bp as will the UK."

That should happen anyway, perhaps a 2000 point rally if the Republicans would stop campaigning on sex scam and get to work. Remind you the market hit its highest marks with Clinton and is falling as the Republicans demonstrate they have more control. Also historically Democrats have had better market performance than Republicans... look it up if you find that questionable.

Last, we've fallen from approx 9300 to what this morning will probably be -1500 points. I'd be very pleased with a 1000 point rally any way we can get it.