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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (112542)3/28/2008 8:22:31 PM
From: Kerry Phineas  Read Replies (2) of 132070
 
PPT.

I'm noticing that short interest is at levels never before seen AND that the fed and Paulson go through periods where they obviously talk down the markets and then periods where they encourage squeezes. I really think a few months out that we're getting set up for a significant squeeze. What do you think about that? It has me scared to make long term bearish positions, although I am still for short term and medium term plays.

Just something I've been thinking about.

(Oh yeah, went from being up 40% for the year- if you can believe that[got very lucky when I started paying attention again], to being up 10%. Near term I'm both paying off mortgage to hide money from myself and changing strategy to an extent. You can make money in a manipulated market just as easily as a regular market, just have to hedge and figure out how to profit.) If I'm right, very interesting.
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