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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (87830)	1/3/2001 4:14:31 PM
From: mishedlo	Read Replies (3) of 132070

Nice call on the "surprise" cut. I thought you were silly. I can not remember if I sent this to you or not. Apologies if I did. The STTI (short term trend indicator) was acting very very strange this AM. Closed all my puts on tech (but unfortunately kept my other PUTS). Since they were leaps for the most part I am sure I will be OK. The STTI was acting right like it did before the Christmas rally. I went long AVNX calls JAN 45's and EMLX calls JAN 70's (not long enough LOL) 20 seconds or so before the news hit. How is that for timing? gggg Now I see with BRCM up 40% RIMM up 20% EMLX 30% a half dozen up 30% WHO WOULD BE NUTS TO BUY TOMORROW? This is one huge shorting opportunity if we time it right. Most of the good news is out. What next? Another cut this month? When do you think this rally stalls? I will be even more agressive with RIMM puts next time. M

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