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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (11265)12/13/1998 9:00:00 PM
From: SteveDavis  Read Replies (1) | Respond to of 29382
 
All,

Please understand that Clinton lied in front of a Federal Grand Jury. That is a felony!!! If you or I were convicted of this offense we would go to JAIL!!! This is not to be taken lightly. It is NOT his private concern. The entire justice system is based on people telling the truth when they are sworn in before a judge. You would not want to be on the other side in a civil/criminal case and have someone lie about you or other facts in a trial. That is why this will be the end. I have not seen/heard one Senator say they would not convict him on this. So best be prepared because this is moving along ahead of the White House and is probably going to result in his removal very quickly.

These things take a life of their own and Clinton has no friends in the Senate as he does in the House. They are a lot less partisan and will vote on the rule of law. If they stick to that he is gone.

But it will happen quickly and the market will tank but then everyone will realize that the President (whoever he may be) really doesn't have that much influence on the economy and the uncertainity will be removed and we will see a huge move to the upside.

Now, if Greenspan or Rubin dropped dead then we got problems.

IMO Steve Davis