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It doesn't matter who wins. The market will do what it is going to do. There
will be an immediate reaction to the results and then the market will continue
on its course. There has never been an event in history that has impacted the
market for more then a day or two. A rule of mine when trading is to never read
the paper, listen to the news or be influenced by out side sources. Everything
is right there on the charts. The people who really know are committing their
money. That is the only thing that really counts. If price moves that is the
end result. It has been the same throughout time. Money talks and BS walks.
Ira
Ashok Garg wrote:
> Prosper,
>
> Thanks for your interesting correlation with the Gore ve Stocks and Bonds vs
> Bush.
>
> I am new to the post and new to the markets as well. From your post Do I
> infer that Gore victory would push Stocks up and Bonds down, and Gore
> victory would push Bonds up and Stocks down. That would be a short / medium
> term out look. Long term they sort of go together?
>
> Can you please elaborate please
>
> Cheers
> Ashok
> ----- Original Message -----
> From: Prosper <brente@xxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxx>
> Sent: Thursday, November 23, 2000 1:02 PM
> Subject: [RT] Re: While the judges decide...on track
>
> > Tony if you will notice, every post I post is about trading.
> > Including this one.
> >
> > I personally invite reasonable and informed points of view like
> > yours. I am pleased that we enjoy the freedom to post our point of
> > views here. At the present time most analysts would agree that the
> > US election is effecting the markets. So a post about it is on topic.
> > I have heard that the bonds are pro Bush and stocks pro Gore. The
> > bounce in bonds today seems not to agree with that, but perhaps I
> > just don't understand the subtleties. Many things effect the markets
> > politics is just one of them. For example, if it weren't for the
> > invention and development of the PC I doubt we would have any bull
> > now.
> >
> > I have no hatred for Canada, England, or any other Country. I
> > wouldn't want manipulation or corruption of Canada's election process
> > any more that I would want it here. I know that there is no such
> > thing as a fault free election. That's why there are laws governing
> > the elections and that's the reason that machines are used. They
> > don't care who wins. Two machine counts were done and Bush won both.
> > The laws of Florida had been followed, up until this recent turn of
> > events. The justices could have affirmed the laws on the books and
> > put an end to this. To allow interpretation and manipulation by
> > biased parties would destroy the election process in any country.
> >
> > BTW I trade the Canadian Dollar and right now we are getting a short
> > term bounce and it could rally to at least .6550 if it covers 2
> > recent gaps.
> >
> > Prosper
> >
> >
> > > Anyhow, we're all entitled to our opinions. But the message I
> > wanted to send before I digressed was "can't we get this forum back
> > on track"?
> > >
> > > Tony
> > >
> >
> > > -----Original Message-----
> > > From: Tony Pylypuk [mailto:tpylypuk@x...]
> > > Sent: Wednesday, November 22, 2000 5:29 PM
> > > To: realtraders@xxxxxxxxxxx
> > > Subject: Re: [RT] Re: While the judges decide...
> > >
> > >
> > > Regarding the thread entitled 'while the judges decide'.
> > >
> > > First, aren't the passions really off-topic?
> > >
> > > Second, I can't resist either.
> > >
> > > For the most part even from Canada I mostly understand the
> > passion for
> > > 'meat, guns, dams, electricity, oil, gas, chain saws,
> > ownership, kids,
> > > Christians, whites and paychecks'.
> > >
> > > What I don't understand is the logic that democrats are bad for
> > free
> > > enterprise or the American way of life.
> > >
> > > In November '92 y'all in those United States of America elected
> > a democrat.
> > >
> > > As of 12/31/92 INDU was at 3,301, NASDAQ was at 776.
> > >
> > > Today INDU is at 10,399 and NASDAQ is at 2,755.
> > >
> > > I make the increases between 12/31/92 and now to be 215% and
> > 255%,
> > > respectively.
> > >
> > > So why if the markets are a leading indicator, are democrats so
> > bad for the
> > > market?
> > >
> > > If on the other hand, one subscribes to the theory that the
> > market does what
> > > it does in its own time and that the coincidence of the
> > prosperity of the
> > > last 8 years and the democratic presidency is just that - a
> > coincidence -
> > > then since we are now in a bear market, wouldn't it be prudent
> > to have the
> > > democrats in power so that Keynesian economics (i.e., spend
> > more in times of
> > > want from taxes taken in times of plenty) may be employed to
> > cushion the
> > > social and economic effects of a recession rather than giving
> > the wealth to
> > > that segment of society which can best weather the storm and
> > letting the
> > > rest of America be damned.
> > >
> > > Anyhow can we get back to the purpose of this forum?
> > >
> > > Please and thanks.
> > >
> > > Tony
> > >
> > > P.S. Canada's murder rate is about 1/10th of America's.
> > Firearms are
> > > controlled and handguns are largely prohibited. But we don't
> > want to go
> > > there on the RealTraders forum.
> > >
> > > Regards.
> > >
> > > P.P.S. I have read the decision of the Florida Supreme Court.
> > It is
> > > cogently and convincingly reasoned. I anticipate that the U.S.
> > Supreme
> > > Court will concur, unless it too is politicized.
> > >
> > > ----- Original Message -----
> > > From: "Prosper " <brente@xxxx>
> > > To: <realtraders@xxxxxxxxxxx>
> > > Sent: November 22, 2000 9:36 AM
> > > Subject: [RT] Re: While the judges decide...
> > >
> > >
> > > > >From here it looks like a shoulder is getting broken this
> > morning in
> > > > the Bonds. It's holding the channel like water in a pipe. I
> > was so
> > > > ticked at the judges I had to take a xanax to go to sleep.
> > It's
> > > > utterly incomprehensilbe to me how they could throw the door
> > open so
> > > > that every election from here on will be a sham. If ones vote
> > means
> > > > nothing you've no representation, no freedom. A truly sad day
> > from
> > > > here in the States. Well, they say it has to get worse before
> > it gets
> > > > better. Lets see now, if the demos get all they want we get
> > no meat,
> > > > no guns, no dams electricity oil or gas, no chain saws, no
> > ownership,
> > > > no kids, no Christians, no whites, no paycheck(it goes to the
> > > > goverment). Sounds like paradise.
> > > >
> > > > Prosper
> > > > Oh I almost forgot, they want this paradise for the whole
> > world:)
> > > >
> > > >
> > > > --- In realtraders@xxxxxxxxxxx, "t-bondtrader" <t-
> > bondtrader@xxxx>
> > > > wrote:
> > > > > Stig
> > > > >
> > > > > While the judges are deciding and the Americans have their
> > sweet
> > > > dreams or nightmares, I thought you might like to view the
> > attached
> > > > and see if you agree that the picture you are looking at
> > reflects
> > > > what the reality might be....
> > > > >
> > > > > What do you think>
> > > > >
> > > > > Bill Eykyn
> > > > > PS I missed marking the continuation DS on the bonds...
> > > >
> > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
> > > > realtraders-unsubscribe@xxxxxxxxxxx
> > > >
> > > >
> > > >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
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