Why I am voting for McCain

There is a little expression we use on Wall Street when talking to clients about the gyrations of the stock market..."Beware the crowd at extremes". This means that the stock market is a very dangerous place when people are acting on emotion and not facts. Nothing could be closer to the truth than during this presidential election...emotion is overriding reason and sound judgement. Here is what I am talking about:

On one hand is a guy who has no experience and is completely unproven. This guy has a group of VERY questionable associates that he used to hang out with. His views on the issues are very liberal with some bordering on radical. He "goes with the flow" and follows his political party's wishes to the letter. But he is great at making speeches.

On the other hand you have a guy with lots of experience who is proven. This guy has never associated with radicals, much less a bunch of them. He fought for his country and is considered moderate on many issues. He has gone against his own party on numerous issues where he thought they were wrong. Like most people, he is not a great orator.

We all know where I am going here...I support John McCain for President. I know this isn't the "cool" thing to do...it's what I believe is the best decision given the two choices. I don't support McCain because I like him a whole lot. I don't support him because I agree with him on all the issues. I will vote for McCain because I am making a rational decision based on the facts and I think he would be a better President.

I realize that many people are trying to link McCain and Bush just because they are both Republicans. But if you do the research, you will see that McCain and Bush are only similar on a few issues. In fact, during the 2000 Presidential primary, it is no secret that they did not see eye-to-eye on many issues.

I encourage everyone to get out there on Tuesday and vote. But I ask you not to make your decision based on anger, emotion, a good speech, or what is "cool" to do. If you do this, you are selling your stocks right at the bottom of the market before the rally. Make your own decision based on the issues and your feelings as to who would do a better job leading us through the next four years....