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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (31441)	8/24/1998 10:26:00 PM
From: Skeeter Bug	Read Replies (1) of 132070

>>However, I don't like to be long the stock of companies I think are lousy cos. or short the stock of cos. I think are great cos. That would basically be second-guessing myself and the research/valuation work I do.<< mike, no it is not. it is having the proper amount of respect for the mob of investors with all the big dough... NONE! AFTER FALLING FOR THE SAME CRAP UMPTEEN TIMES I THINK THEY'LL FALL FOR IT AGAIN. if they haven't figured it out yet they ain't gonna do it. maybe, but keep some of those puts as a hedge. i'm not buying calls until we hit the real low $20s or high teens, though.

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