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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (62759)6/18/1999 3:05:00 PM
From: Freedom Fighter  Respond to of 132070
 
BGR,

I'm guessing that was a joke, but if not...

I'm a value guy not a market strategist or timer. I do own a handful of stocks. Some were purchased many years ago so it doesn't make sense to sell them. The after tax proceeds will probably earn less for me over the long haul than sticking with the fully priced or overvalued stock. From time to time I still find a US or foreign company that makes some sense to me. But generally I can't find anything I like at a price that makes sense. I am generally very bearish but have no real idea when the excesses are likely to burst and make no decisions based on the fact that I think the market is eventually going to tank big time. I have a very high cash position (for me) and a few short option positions as a hedge with profit potential. What "easy Al" does plays no part in my decisions other than if it create opportunties to sell or buy something. That said, I think he's giving people a great opportunity to cash in on most stocks.

Wayne