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Politics : Ask Michael Burke
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To: gbh who wrote (64302)7/10/1999 11:26:00 AM
From: Knighty Tin  Read Replies (2) of 132070
 
Gary, I figured we'd hear from you again now that Dell has risen from the dead. <g> I am out of my puts there (with big profits, though Compaq beat them so far this year) and have stated that I expected one more dead cat bounce, and we are getting it, but I cannot buy calls on a dying company.

I always sell too soon. That's why I don't have down years, as other portfolio managers do. <g> But I do kick myself on Ancor, as a quintuple is better than a one and a half.

Thanks for reading the article.

The Dow may really hit 12,000, but we are getting pretty far down on the Greater Fools food chain. If we aren't scraping bottom yet, we must be close. Even the bulls no longer fool with trying to justify their picks other than saying they are going up. <g>
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