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Politics : Ask Michael Burke
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To: The Perfect Hedge who wrote (35183)11/3/1998 11:07:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
B, You would be surprised how many money managers employ momentum, or, the greater fool theory, to manage money. And it works as long as the market always goes up.

I am not buying Mer puts again, yet. I feel that after the next Fed cut I will get a better opportunity.

MB
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