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Politics : Ask Michael Burke

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To: mishedlo who wrote (88010)1/6/2001 12:18:10 PM
From: mishedlo  Read Replies (2) of 132070
 
Michael,

My post was trying to elicit a response to the extreme volatility we have been seeing lately. It does not seem that not much matters but buying extreme fear and selling ANY optimism. It has been that way for some time (in my eyes anyway). TA FA etc etc seem to me to be almost irrelevant. Stocks are falling through multiple levels of "support" on panic, and rising through them on greed. Time the fear. Sell the exuberance. I believe that is exactly what you are trying to do with your 90-10 philosophy.

Someone on another thread ridiculed me as "the high priest of doom and gloom" which I thought was absolutely funny and I was attempting to get a laugh.

Vendit absolutely blasted me on his thread when I posted it there. He did not even respond to my private comments that I had not edited my post properly as the post contained TA comments directed towards others he could not see. I was working on cleaning up these references and posted the wrong version.

Perhaps I am too sensitive about all this. If people think that I am the High Priest of Doom and Gloom, I should send Earlie their way. They will get a real jolt out of life! LOL
So far Earlie has been far more correct than me about how far some of these "wonders" would fall.

So if anyone here was offended by my post I apologize.

Thanks.

M
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