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


To: gerard mangiardi who wrote (21935)12/15/1998 10:22:00 AM
From: IQBAL LATIF  Respond to of 50167
 
Lets watch over this very carefully.. market may initially sell but whatever the outcome I would be longing the market for that 'post vote relief' bounce. He is impeached or not the prospects of trial in Senate are too lengthy and market rearely have that long view on these levels, on the other hand if he resigns post impeachment rising to his inner conscience and help spare the nation to go thru this ugly thing in senate, his resignation in case of impeachment will take the wall of what if? away from the market and we may see a big move up, both ways market will be happy to get this thing out of its way..the trade if we have vote post thursday is long- may be low Friday opening if vote is late as world equities react badly to the late vote but early low and big move from 1126 area. that his how I am engineering my trades..