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Politics : Ask Michael Burke

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To: yard_man who wrote (31037)8/13/1998 11:13:00 AM
From: Knighty Tin  Read Replies (3) of 132070
 
TipTop, Jesus once said that "a man's heart will be where his treasure is stored." There are too many folks with a vested interest in the current bubble for them to see what is really happening. How well is Cramer going to do when the BK hits? Or CNBS? Or nearly every newly wealthy stock flogger on Wall Street?

You and I can say, hey, you can move to bearish or neutral strategies and continue to make money. But, the truth is, the average person who owns stock, including the average institution, simply cannot do bear strategies and neutral strategies are too complex. Raising cash is the only alternative, and nobody makes money pimping long cash.

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