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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (235)	8/1/1996 6:21:00 PM
From: space cadet	of 132070

Michael, is this upward trend starting to bother you? It's bothering me a little. Could this really be the end of the correction already? I know that you don't like speculating about macro conditions but what does your gut tell you. Are the good times over for us bears, or is the past week just a bear trap? I think the economic report tomorrow is crucial. If it shows that inflation is seemingly under control along with job growth then the market should surge. If not, then I expect the market to retreat. I agree some sectors like the semi's will be down and out for a long time, but if the market decides the report is ok the hi-flyers like PAIR, CSCC, ASND, etc may be ready for another takeoff. How does it look to you?

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