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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (111918)3/5/2008 6:33:12 PM
From: Kerry Phineas  Read Replies (1) of 132070
 
Yes, they will fail to prop up the market, but that doesn't mean they won't forestall a crash for the next month or so.The last few days I have been on fire. Ambak looks like its about to pop; I buy Ambak and it immediately goes up 10%. I sell. I figure today that there's going to be some sort of financial scam that will cause panicked short covering, so I short SKF; after some pain, same thing.

I think we go down, but I don't think we're going down immediately.
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