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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (50539)3/8/1999 12:17:00 PM
From: J. P.  Read Replies (1) of 132070
 
<<I've always thought that BMWs were boxy, ugly, good cars that sell at about 150% the price they deserve to be.>>

Hey, that also describes me, so maybe that explains why I like beemers....

OT: Every day I'm watching this market ramp, I can't believe my own eyes...If I thought I'd make some money going long (I'm not a daytrader, options speculator with 3 month horizon), I would do it, but I don't see it. All I can think of to do here is incrementally add to my put portfolio as the market ramps...

I know there's a lot of discussion pertaining to the inherent weaknesses of the economy and markets, and I mostly agree. But there seems to be no catalyst. Do you have any theories on what may be a specific catalyst to knock down this house of cards?

TIA
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