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Politics : Ask Michael Burke

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To: Bill F. who wrote (63287)6/26/1999 3:44:00 PM
From: PaperChase  Read Replies (4) of 132070
 
I mistakenly read your column Friday. I am here to gently remind your readers that there is going to be a melt-up this week in the market no matter what Easy Al does. Since when do stocks trade relative to interest rates? Certainly not in the real world I see everyday.

So Easy Al raises by .50. Does that mean a 55 P/E stock will now trade at a 50 P/E for a couple of weeks? God where is the humanity.

I am buying any dip. Problem is we don't see many dips anymore.
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