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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (140)7/27/1996 8:06:00 PM
From: Michael Burry   of 132070
 
Very impressive. I see how you irritate people. I just had to
see for myself.

You can't possibly know that far in the future, yet you pretend
very well. Calling several crashes in stocks this last year is not
very hard to do. Every major market downturn produces a cohort of new
market seers from among the permabears. Strangely, that reputation
seems to last many years (refer to our lady Elaine's comments on
the market earlier this week). Evidently yours will too. I can't
fault your marketing skills.

I have been a bear as well on USRX until now, based on technical
analysis. Predicting the fall to this trendline was easy -- just
a matter of timing (which you didn't give). Now comes the difficult
part. You are no fan of TA, so I'll just leave it at that.

So you predict NO EARNINGS, meaning NO PROFITS for USRX within the
next few years (I'd love to make you pinpoint the timing, but
market seers know that is dangerous to their reputation, so I
don't expect such a statement out of you). I just want to make
sure I have that straight.

Oh, and by the way, it's nice to know you think so highly of me
that you have to explain that one cannot divide by zero. Back
at you, great one.
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