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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (86352)	12/8/2000 12:04:57 AM
From: mishedlo	Read Replies (2) of 132070

Michael thanks for that list of banks. I looked up a few of the charts. I am particularly interested in C, MER, AXP because they have leaps, not very expensive cause they are not volitale. C and MER show definate topping action on their charts as well a a known propensity to drop fast (at least once). Any thoughts. I thought financials were "supposed" to be a good bet when interest rates drop. Yet the charts show the same bid-em-up nonsense we see in techs, but more stable. If you are correct then I think leap puts are the way to go. Help Any favorites Also look at the PE of ONE (bank one) totally out of line with these. I can say you are broadening my horizons quite a bit. M Thanks.

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