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In regards to the brewing Clinton controversy, whether the fact that the
President cheated on his wife is morally correct (which it isn't)
doesn't affect the way you trade it.
As for the comparison to the Nixon resignation, as someone indicated
earlier, the economic environment is very different: no war, low
inflation, no oil shocks, etc. I do believe, though, that the market
would certainly prefer Clinton to Gore as the VP has a reputation for
being more of a regulator (especially environmental).
Interestingly, CNN conducted a poll recently where 71% of the
respondents indicated that they did NOT want Clinton to step down if the
present allegations are revealed to be true.
Mike Strupp
Chicago, IL
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