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


To: Knighty Tin who wrote (40291)12/21/1998 1:12:00 PM
From: accountclosed  Respond to of 132070
 
I agree.



To: Knighty Tin who wrote (40291)12/21/1998 1:23:00 PM
From: JF Quinnelly  Read Replies (1) | Respond to of 132070
 
Ha. No way Phase Two begins until I sell my Rydex Ursa. You'll have to bribe me to bail out so the downdraft can begin.



To: Knighty Tin who wrote (40291)12/21/1998 1:31:00 PM
From: MythMan  Read Replies (1) | Respond to of 132070
 
>> I think we are near the start of Phase Two of this downdraft. <<

MB, three things..

1) when was phase 1?
2) how far down do you see a phase 2 going?
3)why will buyers stop buying?

MM



To: Knighty Tin who wrote (40291)12/21/1998 1:43:00 PM
From: accountclosed  Read Replies (1) | Respond to of 132070
 
I'd also like to comment that cef's have done beautifully today. People seem to forget that you aren't recommending being 100% long.

go fak!



To: Knighty Tin who wrote (40291)12/21/1998 1:44:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 132070
 
"I think we are near the start of Phase Two of this downdraft."

Phase One of the downdraft was the making of new highs, right? I must admit I don't understand how going up can be part of going down.

Edit:
"phase 1, the easy one, was that little downdraft this summer of nearly 2000 points. 2. Phase 2 takes us to fair value near 4600."

Oh I get it, you're one of those Eliot Wave guys.

Barb



To: Knighty Tin who wrote (40291)12/21/1998 2:31:00 PM
From: MARK BARGER  Read Replies (1) | Respond to of 132070
 
What's up with NVLS? AMAT trying to give up the ghost today, down over 2 pts. in the last couple of hours. NVLS is still at it's highs of the day, up nearly 3. NVLS way ahead of itself IMO, up nearly 9 pts. in 2 days.

Mark



To: Knighty Tin who wrote (40291)12/21/1998 2:37:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 132070
 
I'm ready for that Phase Two. Could you get AG to crank start that motor? Maybe he needs to step up to the plate and squash this net nonsense. Geez, even he's got to be shaking his head at this lunacy! Surely, or is that surly?, he didn't intend the rate cuts to finance the internets!!!!

mike