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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (21907)	12/14/1998 2:40:00 AM
From: IQBAL LATIF	Respond to of 50167

On March contract if 1165 is taken out we go to 1140 on March - I would think if even it is down big on the opening we will see pits buyers at the opening and sellers at 1167 or 1179, right now markets have lot of things to answer and in this kind of environment what ever charts can say it would be little difficult to go long.. How many times before we have COKE MERCK BA JPM coming with profit warnings- in my opinions these warnings are not yet built in the stocks and the valuations have yest to built in these pre-announcements and fall outs from Mr Clinton impeachment, I happy to see the 'sex part' of this whole darama is less emphasized, like divine intervention the whole process of impeachment was handled very fairly and on legal grounds of lying and its affects on future US system. If House passes this the trial in senate will consume a lot of attention and whatever you may say a leader-less US will have a direction-less market.