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Strategies & Market Trends : Bear! -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (40)	5/2/1998 6:10:00 PM
From: Michael Burry	Read Replies (1) \| Respond to of 272

Talk about missing the forest for the trees: TheStreet.com recently made the keen observation that gold was up some 15% and leading the market on its way through 10,000. IMO, TheStreet.com's popularity is as good a marker as any you list, Luc, but man I gotta admire your dedication to the bearish cause. That's quite a list. Hemlines came down? Not so regrettably, I haven't noticed any such trend yet. Thanks. Mike

To: Lucretius who wrote (40)	5/2/1998 11:49:00 PM
From: Bonnie Bear	Respond to of 272

I keep thinkin that China is going to drop the peg to the dollar one of these days. Mother of all derivatives crash.

To: Lucretius who wrote (40)	5/4/1998 11:15:00 AM
From: Worswick	Respond to of 272

Dear Lucretius Taurus: If you haven't done so you might follow a parallel discussion that some of us are having on the Asia Foruum about bearish, ursine thoughts. Some of the best minds of our generation are there, though I suspect most of them aren't employed and they spend much too much time on the net searching out the why's, the wherefore's and the what to be's. I would add to your list... (A) "the perceived role of the US financial markets as a "safe haven" to the world's economic turmoil by foreigners." (B) "The rise of bear raids, bear pools, bear funds, bear suits." Are there bears with pony tails? Does Bonnie Bear have a pony tail? Please tell Bonnie to tell her mother to move away from Mexico. The periphery tends to go to pieces when the center weakens. Hey, just like Rome Lucretius Taurus! My best,

To: Lucretius who wrote (40)	5/24/1998 11:04:00 PM
From: Walt Corey	Read Replies (2) \| Respond to of 272

LT, I just found one msg of yours (May 2, to Worswick, or some such name that actually seemed reasonable and supportable. "Now for the touchy feely stuff..." funny, I had to chuckle. That obviously was before my time (on here). But you did take the time to write that tome, in response to me. I'll give you points for that. I do not believe Dell is into the commodities business. Perhaps someday, but they aren't there yet. Just my opinion. I would not buy a GWT. IBM or Dell only. I honestly believe there is a brand loyalty, even in the commercial sector, which is where I am coming from. But in my last to you, I'll stand by my dilema, if I take a bearish stance and sellout I immediately pay the feds about half, if I hold I run the risk of a blowout. I believe what we are seeing is not so much directed at Dell but the sector as a whole and it is nervousness only not supported by fact. Yes, Dell was WAY overpriced in the $90's, that's why I wrote the Aug calls. And yes, I did get spooked when it hit $98. I ended up making a couple of thousand on it but had I held, I could have made ALOT more. I THINK the thing for me to do is write some calls and buy some puts. But bailing out of my position I THINK would be really foolish. I dont think I am alone either. I am, btw, not into the rabid bulls either. I want reasonable discussion and advised opinion, not rants from either camp. Walt