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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (22634)	12/19/1998 12:53:00 PM
From: art slott	Respond to of 67261

Barron s has been wrong on the 8 year bull market. They are right about many of the internut stocks though.

To: Lizzie Tudor who wrote (22634)	12/19/1998 12:54:00 PM
From: Les H	Respond to of 67261

The market reacted with 100-200 point moves on those announcements. On one occasion, he made a statement that the US was no longer working with Japan on the Yen-Dollar relationship. This turned out to be a lie and had to be retracted by Rubin. This is not much different from Clinton's lie they had attacked Iraq to initiate the attack before the Ramadan, giving the impression that the attack would not take place during Ramadan. Cohen and the General in charge of the missile strikes both contradicted him. They mentioned a number of such lies timed with what the administration wanted to be viewed as positives and negatives. This is not a matter of Barron's picking a stock. By the way, they had a chart of the market during Andrew Johnson's impeachment and it was going up the whole time as it is now. The market during Nixon's impeachment was responding to the economy and the oil crisis as it was during much of the decade.