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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Jim Ray who wrote (3433)	12/20/1998 9:27:00 PM
From: Tim Luke	Read Replies (4) \| Respond to of 90042

jr, don't forget larry flint ( a man i have met several times) has 10 more high powered names of congress to expose.

To: Jim Ray who wrote (3433)	12/20/1998 9:43:00 PM
From: SteveDavis	Read Replies (1) \| Respond to of 90042

Jim, It is interesting to watch the Democratic Senators trying to work out a deal. They are very nervous about having to stand up and say that "yes he is a felon but I don't want to remove him from office". Do not think for one minute that there aren't enough Democrats to remove him from office. Trent Lott says there will be a trial and it will be quick. The Senators to watch are Byrd, Lieberman, Monayhan and some of the newer Democrats. Very quickly they are going to start talking with each other as to WHO got them in this prediction. At that point they will decide that HE is not worth it. IMO, the Senate Democrats and Clinton will never be able to agree on a censure motion that is acceptable. They will give up and vote him out. It is their only vote. I think it will give us some very buyable dips. The market likes gridlock. That is the only time the rest of us are safe. Stay cool and remember that regardless who the President is does that really affect how many computers Compaq will sell in the next 4 weeks. Or how many cars Ford will sell? Let's have some picks for this coming short week. Short in days not attitude. IMO Steve Davis

To: Jim Ray who wrote (3433)	12/21/1998 9:01:00 AM
From: Jay Ray	Read Replies (1) \| Respond to of 90042

Jim, While I think the whole affair is disgusting, I don't think that the current political turmoil in Washington will have any affect on business. As far as I'm concerned, gridlock is good. I own a small business and am very pleased that there has been no new legislation or regulation of any significance in the past three years. No new mandates, no messing around with the tax codes - in short, gridlock has given us a stable business environment in which to operate. Activist government is far worse for business than the current scenario. Just wait till the Democrats get control of everything again (and I believe they will). Imo, they will attempt to make up for lost time by unleashing a flood of new legislation and regulation. Businesses large and small will be forced to pay for new programs and the equity markets will stagnate as a result. Of course, we can always hope that they all get fired. Kick 'em all out - Clinton, the House and the Senate and start with a clean slate. Now I'm really dreaming (or rambling)... Jay