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

To: Freedom Fighter who wrote (78377)	3/22/2000 10:46:00 PM
From: Knighty Tin	Respond to of 132070

Wayne, What I was talking about are the bulls, not the bears. In other words, the suckers who are buying MU at these prices will certainly deserve to lose all their money when it crashes. The real situation is so obvious that the only people who could be buying are those who think they can get out before the fit hits the shan. I own MU puts, but I use 90/10, so I can never be scammed. Those who short the stock probably don't deserve to be scammed, but they ought to consider their technique in the light of the bubble. Shorts are like raw meat in the water for the hooligans and they are a vital part of running stocks up to unsustainable levels. It just does not make sense to put your money at more risk than reward potential, which is what a short sale does. In this one, I am like a reformed smoker. I was burned on short sales, in the Wheat market, not the stock market, back in 1973 when Earl Butz and Tricky Dick gave it away to the Russians and loaned them the money to screw me at 2%. I didn't really blame Earl and Tricky. They were crooks and that is what crooks do. I blame myself for putting my money at risk. Once commodity options became abundant, I rarely used short sales after that.