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Politics : Ask Michael Burke

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To: Zeev Hed who wrote (78542)3/23/2000 10:53:00 PM
From: Earlie  Read Replies (1) of 132070
 
ZeeV;

I was only kidding on the age comment. Hope it wasn't taken the wrong way.

RMBS "bit me a bit" last year, but this year, aside from a few puts, I'm still watching and waiting.

Technical analysis isn't my thing, but I do pay attention, since the herd believes in these tea leaves. I respect those who can profit from interpreting the chicken entrails, but I can't and won't rely on them.

That said, I must admit to a grin when I look at the RMBS chart. Big parabolic run-up, vertical fall, steep rally part way back,....... almost too text book in its suggestion to this amateur, so I'll wait a bit yet. It has a long way to fall and the continuing parade of pro-DDR news is fermenting nicely. I also think that Intel's questionable activities respecting RMBS are slowly but surely coming out into the open. This will help the bears.

Patience is my middle name. (g)

Best, Earlie
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