- Jan 21, 2000
- 137
- 0
- 0
The situation in the Middle East will over shadow everything here at home and will determin what will happen with the market..This is a major caucern and how it is played out will depend on Arafat and his friends who have an interest in oil..
The elections here will be a major factor on the Arab and Israel problem.Clinton/Gore are pro Israel and Arafat and his croonies might feel that a Bush ticket would be to their interests.In order for them to curb U.S. elections would be to disrupt production of oil thus keep the prices at current levels and with winter setting in here and the reflection to the market,would certainly mean a Bush/Chaney win.
The overall bear in this market is very real,and will persist probably for the remainder of the year.
After 10 years of an excellent stock market ride,it seems that a correction is in order and for us to move once again in the forward motion.This will only happen after the situation in the Middle East and improved corporate earnings once again dominate the news.
Have a great week everyone and we will prevail.
(
The elections here will be a major factor on the Arab and Israel problem.Clinton/Gore are pro Israel and Arafat and his croonies might feel that a Bush ticket would be to their interests.In order for them to curb U.S. elections would be to disrupt production of oil thus keep the prices at current levels and with winter setting in here and the reflection to the market,would certainly mean a Bush/Chaney win.
The overall bear in this market is very real,and will persist probably for the remainder of the year.
After 10 years of an excellent stock market ride,it seems that a correction is in order and for us to move once again in the forward motion.This will only happen after the situation in the Middle East and improved corporate earnings once again dominate the news.
Have a great week everyone and we will prevail.
(