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

To: The Perfect Hedge who wrote (33302)	10/3/1998 12:46:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

B., I think we are still in the middle of the dead cat bounce for the market. This will require a lot of farting and tickling until the bear rears its ugly head again. Right now, I can still feel that the suckers really want to buy. And yesterday CNBS made the comment that asset allocators may have to reallocate more to stocks with interest rates on bonds so low. Stupid move, but probably correct. So, this move has caused a lot of pain, but I think the herd has to buy in one more time to assure the maximum amount of poverty. Whether that takes place in oct, Nov or next year makes no difference. That is will impoverish the great unwashed is the main point. I will keep posting here when I see developments that make me feel the way is open for the move to 4600 and probably below. MB