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The Edge of Elections - Re: Question of the Week
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I don't expect a big market reaction to the elections per se because everybody already knows the outcome. This will be a boring, unsurprising race with the Democrats again winning sweeping victories. Even here in Colorado, where people usually choose on the basis of the individual not the party, the votes went heavily Democrat last year. It's a pity because there are some talented individuals who happen to be Republicans. I'm glad I'm a registered Democrat so I can vote in the Democratic primaries, the race where the future President will be decided. I need to learn more about the front-runners and their economic savvy before deciding whether to modify my investment tactics and, indeed, before deciding who to vote for. I'm sure the Republicans will do the best they can to keep the economy from worsening between now and election day. Hopefully they won't over-react but will simply soften the inexorable slowdown or recession or whatever you want to call it. So I'm continuing to look for stocks which will hold up well in a mildly bear market. There is a minor business segment I investigated due to the elections. This state, like some others, passed new regulations for voting machines and procedures. I believe these are even stricter than the new federal specifications. No hanging chads or hacked code for us! The machines have been designed and delivered and are in the process of being tested. Even more states should be getting new machines over the course of the next couple of major elections; so I looked at Diebold and competitors for manufacturers enjoying a surge in sales and, therefore, stock price. So far there are no clear winners. E S & S seems to be private. A couple of others are on the pinks. Diebold and NCR stock haven't recovered from the recent plunge; however the stock may now be value priced. As for the independent testing labs, I haven't found any public ones yet. Is anyone here an expert in the voting machine industry? | ||
Comments (1)
Toro,
I am glad so many are addressing my question.
The post have opened my eyes not to be closed minded yet be alert for change.
Gosh there are some great posters!
I am in Denver for the Great American Beer Fest !! Mrs DuffBeer and DuffBeer jr make this a family event. What else would the duff's do.
DuffBeerJr lives here and fixes the network for one of the big Medical centers,got his brains from Mrs DuffBeer !!!!
Thanks for your post I have learned alot from them !!!!
The way the market went yesterday I thought I drink too much and I did not even have a drink whew got real dizzie.
Go Rockies now it is off to the Fest to enjoy a cold DuffBeer.
Cheers DuffBeer
Posted by DuffBeer | October 12, 2007 11:51 AM