Replies to post #311363 on Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

jthor, ah one of my favorite "i hate Welles, he is a fool"---have a good day.

[federal reserves]

jthor> IMHO - its not likely Bush or Kerry are the issue

or what the market is really worried about. I think that's why ZEEV doesn't like political posts, mostly they are worthless in determining stock prices. The biggest power the presidents have - they appoint the next FED chairman and nobody knows who that will be. The market is trading sideways because of that IMHO.

After the election results are posted whatever they are, the real economic concerns will appear soon afterward and hit the headlines. The market will begin to discount. Whoever is in charge of the oval office, will have to face those issues, arm in arm with the next FED Chairman and his recommendations. The current FED boss, is near retirement! He is a lame duck FED boss! IMHO this market is all about Greenspan and who replaces him and what those next policies are. Its totally unclear although the current Vice Chairman seems to be the logical choice. That's why we are really trading sideways.

Do you know who the next Chairman will be and what he has been saying? That's the real election.