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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (3817)3/14/1999 1:05:00 PM
From: Alan Whirlwind  Read Replies (4) | Respond to of 15132
 
Actually I see Clinton's predicament as being very bullish longer term for the market whether he resigns or not. While a resignation now might tank the market shorter term, it would still be a good thing rather than letting it zoom out of sight and then crash at year's end. If he doesn't resign (and he probably won't) the American people will tolerate him knowing that decent candidates will be in the picture in 2000. Poor Mr. Gore stands to get the blame for any recession or Y2K downturn in the market over the next year and I don't see him beating a likely Bush/Dole partnership in 2000 even if the economy runs evenkeel until then. 8 years of Bush would likely equal 8 years of relative peace and prosperity. The danger to the market is the year 2000 and a recession is overdue. New paradigms assume the world at large cooperates. As the Euro struggles to find a place for itself, Europe becomes more protectionist at a time when our trade deficit soars to new highs every other month. The P/E ratio on the S&P 500 went over 34 this past week. There are dangers out there and I'm surprised that Brinker remains so bullish.



To: Les H who wrote (3817)3/14/1999 3:30:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
LES AND ALL: PER MY PREVIOUS POST, PLEASE NO CLINTON POSTS HERE AT ALL WHETHER PRO OR CON OR MARKET RELATED. THIS SUBJECT IS NOW CONSIDERED OFF TOPIC. IT IS A TOPIC THAT GOES NOWHERE FAST. PLEASE TAKE IT TO ANOTHER THREAD.