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

To: Les H who wrote (69420)	10/22/1999 11:25:00 AM
From: Mike M2	Read Replies (2) \| Respond to of 132070

Les, and some people-like myself have nothing new to say. Many of the new era myths are easily proven to be mirages, lies and exaggeration but few people care as long as the market goes up. I cannot conceive of anything within the realm of possibility that would make me bullish but I am amazed at the resiliency of this market. The combination of easy money Fed, corporate share buybacks, and the CNBS infomercial is a powerful force. I am watching fer da buck to get some MTL- major tough love which will in turn give it to the bond market then stocks until then it is open season on da bears with AG.coms blessing. ho ho ho Mike

To: Les H who wrote (69420)	10/22/1999 11:58:00 AM
From: Les H	Respond to of 132070

"It's A Bull Market. It's A Bear Market. It's Two Markets in One." afr.com.au

To: Les H who wrote (69420)	10/22/1999 12:21:00 PM
From: Nadine Carroll	Respond to of 132070

Les, Today's Wall Street Journal also had an article about Kevin McCarthy, an analyst with DLJ who bravely cut his IBM earnings estimate to $1.10 back in June, having figured out that the Y2k freeze was coming. Seems he was the only one to figure this out, as the other 33 analysts covering IBM did not reduce earnings estimates. Apparently, it is now newsworthy when an analyst behaves like an analyst and not a shill. When he's right, of course. When he's wrong, he's quietly fired...