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


To: put2rich who wrote (76593)2/26/2000 9:28:00 AM
From: Freedom Fighter  Respond to of 132070
 
TD,

I have some equity investments that I believe are attractively valued and are solid long term holdings. None of it is money that I will need anytime in the near future. Most of my retirement money (IRAs, Keogh) (I have only a very small pension) is in T-bills. I also buy puts from time to time as a hedge against the stock portfolio. IMHO the best thing you can do is be conservative. There is nothing wrong with not losing money.

Wayne



To: put2rich who wrote (76593)2/26/2000 12:51:00 PM
From: Earlie  Respond to of 132070
 
Thanh:

IMHO, we will experience a market crash. It may not happen all at once, but given the excesses, I cannot see how we avoid it. With respect to timing, that is a difficult call, but I have not changed my mind from my December comments, in which I saw the February through April period as more than worrisome. Note the nick name.

What to do about it? Exit long positions, build up liquidity (cash), pay down debts, acquire some put positions and buy a few "junior golds" that have proven reserves (currency hedge).

Best, Earlie