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

To: Knighty Tin who wrote (93650)	12/18/2001 2:53:37 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

You know, what's happened lately is really pretty much of a reprise of late 1998 and early 2000. In all three cases the Fed goosed the money supply (LTCT, Y2K, and 9/11) to stave off panic, and in all three cases the free cash sluiced into the stock markets. I remain pretty comfortable with my 2004 puts on the Dow and the QQQs, though of course my timing could have been better in recommitting to them. And I recently added more Prudent Bear in my IRA. I'd rather not be a permabear, but it's better than being a permafool.