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


To: PaperChase who wrote (31743)8/28/1998 5:13:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
I'm still watching over the shoulder of wild man Jim Cramer. He is still the lose cannon we suspect he is. Here's a comment of his from only 8 days ago.

From August 20th:
"We had to test 8400 one more time in a vicious and scary fashion before we could consider it safe. Done. The Monday a.m. selloff, coming on the heels of what looked to be horrible weekend news, took many a trader's breath away. And then it just vanished, somewhat reminiscent, if you lump in Tuesday's rally, with the rally off the bottom last October. "

Gee, at Dow 8166 it now must be super-duper, extra safe. <G>



To: PaperChase who wrote (31743)8/28/1998 11:50:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
PC, I would buy puts on a rally. I am one of the few who believes the Chinese will devaluate. They have to sell their crap to us, and it is overpriced right now relative to crap from the tigers. MB