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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (85123)11/11/2000 1:16:48 PM
From: BSGrinder  Read Replies (1) of 132070
 
Michael,
What tech are you buying here? Anything you can talk about?

Hickey's nuclear winter is finally becoming apparent to ignorenti such as Dan Niles. Even Cramer is talking about capex cuts, over-ordering in telco land, and the deteriorating chip fundamentals. I think it is too late for Christmas lies to do more than produce an occasional brief ramp. The dots are finally being connected, as Fleck says. Yet there is still amazing complacency, with traders and TA types all thinking we will keep bouncing off the Nasdaq 3000 low. It looks to me like a great setup for another whoosh down if we break below 3000.

We should get another put-buying opportunity during the rally that will occur once a presidential winner is decided on.

Just my two cents.
Thanks,
/Kit
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