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

To: Nadine Carroll who wrote (88846)	1/26/2001 11:14:34 AM
From: Knighty Tin	Respond to of 132070

Nadine, Really, it is just a question of where the sign that says "You are here" has the arrow pointing. For the small techs, I think the sign is saying we are in a bear market and that this rally is just a technical bounce. For the overall market, I think the sign says we are still in a bull market and that the downturn is simply a correction of that trend and that the market will try to find an ultimate high from which to fall soon. Of course, the fact is, I am more comfortable applying the bull and bear description to individual issues rather than markets. It is easier to understand that Nokia is in a bear mode while Vaso is still in a bull mode. Also, the starting point is usually from when I buy puts or calls or long stock or do a spread on an issue. Nothing else matters much to me and the Revenooers. <g>