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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (7631)	7/1/1999 12:28:00 PM
From: Michael Burry	Read Replies (2) of 78774

I'm not trying to rub salt in any wounds, Jim, but your USU and JRC just did a very unfair number on you. Yeah, it's just a few points. But to trade up basically after the close on high volume and fall right back on volume below the daily average is criminal. This the NYSE for chrisakes, and SOMEBODY was on the other side of those trades making a killing. CXP, which I'm trying to buy low, did the opposite, crashing 3 1/2 points at the end yesterday, then jumping 2 points today - I couldn't get in. All these crazy moves have been written off as Russell adjustments by the press, but it's still criminal IMO. Mike

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