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Strategies & Market Trends : Bear!

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To: Michael Burry who wrote (42)5/2/1998 11:22:00 PM
From: Lucretius   of 271
 
RE: hemlines

Not too happy about it myself. However, the spring fashion shows in NY back in March all featured lowered hemlines. The financial press commented on it at the time and then laughed it off.... "Bear? yea right!"

They're in for a big surprise. :)

BTW- there are many that I have time to list to add. Foreigners pouring money into our mkts over the last 3 months (historically done at a top) And as for the Street.com........ Cramer posted an article the other night about a conversation he had w/ a cab driver on whether to buy GLM or not..... GOOD GRIEF!!! He didn't recognize that conversation for what I do. He was too focused on discussing the drillers. I say the real heart and meat of that story was.... WHY DOES A CAB DRIVER KNOW ANYTHING ABOUT GLM????? if a cab driver is discussing the merits of the offshore drillers, this bull is near death.

-Lucretius
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