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

To: The Perfect Hedge who wrote (31821)	8/28/1998 6:12:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

BB Gun, Fake rallies in the morning followed by minute by minute attrition is common in bear markets. A less frequent occurence is for the rally to take hold for a day or two, but it does happen every bear market. And you are nearing an end when you have a day without rallies and even the touts crying in their beer. We have not come close to seeing a day like that. In fact, I think Abby Jo is on tv this afternoon saying the market is undervalued by 7%. Which would mean it is worth about 8650. Did I miss hearing her, when, at 8650, she said the market was at fair value and should neither go up or down? Or, her announcement at 9300 that the market was 7 1/2% overpriced and needed an immediate correction? These $2 Street Walkers can't even be consistent within their own bizarre logic. <G> MB