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


To: Knighty Tin who wrote (66116)8/12/1999 1:36:00 PM
From: BSGrinder  Read Replies (1) | Respond to of 132070
 
Mike, a few thoughts:

After a brief hiatus, PC is positively bubbling over with bull-oney and psychobabble. That means it's time to pile on with the puts again. I am trying your beloved QQQs.

These quick ramps with no breadth are probably going to keep the herd distracted from the negative fundamentals.

I have noticed that Cramer thinks the internet mania has finally been done in by supply - too many IPOs and secondaries. But he still can't understand why Merrill's cautionary PC call (which was still absurdly optimistic) has any "traction."
/Kit