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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: stsimon who wrote (17405)2/12/1999 1:48:00 PM
From: John Rowton  Read Replies (1) | Respond to of 18691
 
I dont post too often but did mention the utility index on my 7 feb post when it broke 300. Look at the long bond, headed for 5.5%. This better hold or we are headed for real correction.



To: stsimon who wrote (17405)2/12/1999 2:05:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 18691
 
"Clinton will get revenge"

This may prove to be the soundest piece of investment advice(?) heard by we Wallstreeters in some time.
We have a lame duck president with ~ 20 months to serve(?), and the largest government surplus of our lifetimes. WJC might appear conciliatory when he addresses the nation shortly, but I'll bet inside he is a very bitter man. He will seek, IMO, a subtle and sustained revenge for the balance of his term. I look for government
spending to increase.

I'll also bet the rate of inflation on inauguration day 2001 is a far bit higher than we are experiencing today.

"Revenge is mine", sayeth the Lord.

MT