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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (56529)	4/19/1999 6:00:00 PM
From: Kerry Phineas	Read Replies (1) of 132070

MB, I think that a lot of the day traders have been playing their favorite companies with calls and not stock. Thats what I see in the horrendous number of day traders and speculators that I'm around. IMO what will be the death knell is when day traders buy on margin at the "bottom" for stocks like CMGI and it isn't the bottom. For one of the big speculators (big as in reckless, not as in mucho dinero)that I know today was a non-issue because this happens all the time and the internets still recover. Just wish I knew what was going to happen tomorrow.

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