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


To: Knighty Tin who wrote (32733)9/23/1998 3:38:00 PM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
It seems the bears aren't going to get much help from the overall market as a decoding of Greenie's speech looks like a basis to loosen rates. Da bulls will stampede this in the face of any negative news that creeps forth in the weeks ahead.

I read this as bears will have to be very specific in their shorts (of course) as the rising sea will raise many stock prices. I believe there will be some very good shorts in the manic weeks ahead, perhaps MU at $40! I am willing to bet this bear trough is over and that once again the Bill Fleckensteins of the world will undeservedly have egg on their faces. Tell me ain't so Mr. Burke.

BTW, good call on CIEN. I was greedily waiting for $8 as I didn't think the bulls had acquired enough stock to start rumors yet.