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Politics : Ask Michael Burke

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To: pater tenebrarum who wrote (77329)	3/9/2000 7:05:00 AM
From: Earlie	Read Replies (2) of 132070

Heinz: Good comments. While I am always early, it sure is starting to look like a liquidity crunch is spreading across the market. What I like is the ferocity of the markets when faced with even a mild "warning". With tech sector warnings time at hand, and the semi/PC scene continuing to deteriorate, the next few weeks could be nasty. I also can't help but grin a bit as one sector after another is taken out and shot, yet the sheep keep on bleating about how wonderful this bull market is. - Coke down by half. Wasn't it last year's sweetheart? - GE whacked by a quarter. Forget it, as it is "old economy". - MSFT, and IBM amputated for 25% of their values? My oh my, the silence is deafening. My only hope is that the bear remains relatively stealthy, so as to provide a series of short targets rather than one swift all-encompassing crash. Can't wait to see the Investors' Daily Mutual Fund chart at month end. (g) Best, Earlie

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