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Alias Born 05/13/2002

Re: LG post# 240

Thursday, 09/05/2002 2:14:48 PM

Thursday, September 05, 2002 2:14:48 PM

Post# of 495952
I also come to ihub primarily to learn more about the market and be a better trader. I usually reserve my pollitical discussion for mornings with other old farts at the local coffee shop. At least until they kick us out for shouting. <G> Seriously I think all presidential administrations (Rep. or Dem.) are given far too much credit/blame for the market movements. The market simply reacts to the perception of how national and global events will affect the economy. The fact that many of those events are politically motivated is mostly coincidental.

Additionally, though I have no doubt that the PPT exists, I really think it is given far too much weight on the thread. It's difficult for me to believe that the PPT and/or AG put forth much effort to micro manage the stock markets on a daily basis. I think the global equities and commodities markets are far too democratic ( or maybe anarchistic) to allow that to take place.



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