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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: George Sepetjian who wrote (11488)	4/19/1999 8:38:00 PM
From: Casaubon	Respond to of 99985

OT Well, I guess I don't see how you can blame Clinton for high P/E ratios and the commencement of a sell-off.

To: George Sepetjian who wrote (11488)	4/20/1999 12:27:00 AM
From: American Spirit	Read Replies (2) \| Respond to of 99985

I don't think this tech crash has anything to do with Clinton. He's given us the biggest bull market in history. Let's keep politics out of it. As for the war, so far it's been good for stocks. Until today that is. Also there are many stoc with PE's under 10 which are making great earnings. They too got hurt today. Personally I don't know why this kind of thing happens except for mass hysteria and panic. Everyone wanting out at once just because everyone els wants out. The mob mentality. Weird when it happens. But it always corrects afterward, at least in my experience.