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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (62630)	6/18/1999 6:15:00 AM
From: valueminded	Read Replies (1) of 132070

Mike: When the stock (cpq) announces losses instead of profits (15c vs 20c) and the market moves its stock up, it looks to me that we are poised for a big rally in technology. When bad news is good news, look out for the train Greenspan lived up to his name easy al in the speech. Much has been made on this thread that he is concerned about the "stock market bubble" it appears to me that he has no concerns over it. This reinforces my opinion more than ever that interest rates and inflation will be the end of this bubble. I had closed out my bond bet prior to the CPI numbers as I considered those to be cooked anyway. Once the bond bounce is done, it will be time to reopen. Question: I have been using puts and calls on the 10year bond, but they sure do not have a lot of volatilitiy. Is there a better way to play this game. thanks

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