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Politics : Ask Michael Burke

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To: flickerful who wrote (34137)10/18/1998 1:26:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Flick, I think there is much more money to be made by leading instead of following. Besides, I know these "smart money" guys. Some of them are morons. And they are wrong at least as often as they are right.
Just because somebody trades a big block doesn't mean he is smart. Remember, somebody else is on the other side of that trade and shorting a big block to a Fidelity may be the smart play, given their woeful performance.

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