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Politics : Ask Michael Burke

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To: MythMan who wrote (35266)	11/4/1998 11:36:00 PM
From: Mike M2	Read Replies (4) of 132070

MM, I think Hickey would say ho ho ho puts on sale! but only for professionals! ( I think he adds that caveat because it's other people's money-g-) I was e-mailed a Bernard Baruch quote " the mkt can only be broken by a break in the continuity of confidence" seems appropriate for todays mkts. There are economic limits to this insanity I'm just not sure where they are. what makes it especially difficult is this speculative orgy seems to have the blessing of the Fed and the plunge protection team. As Arik has often said it will end in tears. Mike

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