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

To: Knighty Tin who wrote (112650)	4/5/2008 1:11:22 AM
From: Kerry Phineas	Read Replies (1) \| Respond to of 132070

The moves are too fast. You have to play the range in the short term and the kill longer term. How do you do that? If you're playing the major indices, yeah, it might be a couple of weeks before they move down. But its more likely they move down then move up then move back down. Who knows? I don't think that the bottom is down 50% as you do. You need to think to yourself why that doesn't make sense. Much has to do with the devalued currency, the likely deflationary pressures, etc. That said, I think we go down more, but I think we move back and forth before a meaningful move down. (maybe, who really knows.) I don't know. What do the TV hookers (who you "don't know" but seem to know a lot about) have to say about the situation? Based on my time in Jail, they are a currency. They come pre-hedged. (for you, you have a choice of front or back, as you well know.)