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

To: Knighty Tin who wrote (86935)	12/15/2000 12:57:39 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

I guess I do wish I had put in the QQQ shorts I was thinking about, but it seemed like such fun to short the Dow. Satisfies the oedipal complex--whereas shorting QQQ is more like indulging a Cain obsession.

To: Knighty Tin who wrote (86935)	12/15/2000 1:22:10 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Mike, >>Wayne, I liken Bush to Eisenhower. Folks complain that nothing happened during the Eisenhower years, yet they still call those the "Happy Days."<< He's inheriting a potential financial fiasco and I don't think he has much in the way a sound plan to begin with. On the plus side Lawrence Lindsey is one of the few Fed guys that recognized the bubble early on and was willing to talk about it. I think very little gets done, but I have no problem with that. Better to do nothing than the wrong things. Wayne

To: Knighty Tin who wrote (86935)	12/15/2000 3:24:21 PM
From: Tommaso	Read Replies (2) \| Respond to of 132070

MB, You know, I have been accepting the conventional wisdom for years that in-and-out trading can't make money. But I wonder if this got rooted back when it could scost you a commission of $150 (I think) just to buy 100 shares of a $50 stock. I remember buying convertible bonds with Merrill Lynch because the commission was only $2.50 per bond. But with round-trip trades at under $30 with a high-quality discount broker, I think it's a little different. Well, am I heading down the road to perdition? I find that shorting and covering market index stocks brings in as much as a pretty good poker game. The governing assumption is that stocks in general are terribly overpriced. I'm not talking about getting rich, but you know if you can rake off $200 a day that's not a bad income supplement. Of course I could also take up mugging old ladies.

To: Knighty Tin who wrote (86935)	12/15/2000 3:41:32 PM
From: Michael Bakunin	Read Replies (2) \| Respond to of 132070

Sure... but Ike was a competent, intelligent leader, perhaps the best the country saw (ex-FDR, who is in a class his own) this century. W is a nincompoop, through and through. -mb

To: Knighty Tin who wrote (86935)	12/15/2000 5:59:33 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 132070

MB, It must be hard to get rid of inventory at the retailers these days. I went to the Mall of America to get my Christmas shopping done and Bloomingdale's had every thing in the store on sale for 50% off. They had some things that already had a 30% discount and today 50% on top of that. I have never seen this type of sale in my life, but I don't get out often. <g> Joan