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Fw: Current Events and the Markets - LONG POST



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> From: charles meyer <chmeyer@xxxxxxxx>
> To: fasttrack@xxxxxxxxxxxxxx
> Subject: Re: Current Events and the Markets - LONG POST
> Date: Friday, December 18, 1998 7:13 PM
> 
> Bill:
> 
> I looked at my old copy of "Economic Changes in the United States"
> by E.W. Axe & Company--a chart of economic indicators and industrial
> stock prices that begins in 1854.  (I used to have a chart from the be-
> ginning of the stock exchange--you have probably seen it in one of the
> guru newsletters--which I can't seem to locate)  Guess what folks.  I
> don't have a mangifying glass so this is a Wilber and Orvile type of
> observation here but it would appear that prices rose during the trial
> and sold off briefly afterwards; only to record new highs in the fall of
> that year.  Bill you are correct when you say that it's hard to imagine
> a comparison between today's economy and the Reconstruction
> economy following the Civil War but it is very interesting and curious
> to know what happened to stocks during that time period.  
> 
> Charles
> 
> ----------
> > From: Ct250fub@xxxxxxx
> > To: fasttrack@xxxxxxxxxxxxxx
> > Subject: Re: Current Events and the Markets - LONG POST
> > Date: Friday, December 18, 1998 3:44 PM
> > 
> > Charles, that may take some doing.  Since Nixon resigned before an
> impeachment
> > vote could take place, the only other comparable situation would be the
> > Presidency of Andrew Johnson.   His impeachment and trial took place
from
> > March through June of 1868 and he was acquitted by one vote.   It's
hard
> to
> > imagine a comparison between today's economy and the Reconstruction
> economy
> > following the Civil War.  If anyone's interested a great place for
> reference
> > is 
> > <A HREF="http://www.impeach-andrewjohnson.com/";>http://www.impeach-
> > andrewjohnson.com/</A>
> > 
> > You'll probably have deja vu reading the opinions from those days.
> > 
> > Good luck,
> > Bill
> > 
> > In a message dated 12/D/YY 4:01:12 PM Eastern Standard Time,
> chmeyer@xxxxxxxx
> > writes:
> > 
> > << Subj:	 Re: Current Events and the Markets - LONG POST
> >  Date:	12/D/YY 4:01:12 PM Eastern Standard Time
> >  From:	chmeyer@xxxxxxxx (charles meyer)
> >  Sender:	owner-fasttrack@xxxxxxxxxxxxxx
> >  Reply-to:	fasttrack@xxxxxxxxxxxxxx
> >  To:	fasttrack@xxxxxxxxxxxxxx
> >  
> >  Bill:
> >  
> >  Thanks so much for these great insights.  If anyone can tell me the
> >  dates surrounding the previous impeachment in U.S. history, I will
> >  try to dig up some information regards the market.
> >  
> >  Charles.
> >   >>
> > -
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