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


To: Knighty Tin who wrote (42729)1/8/1999 4:04:00 PM
From: Lucretius  Respond to of 132070
 
yes, my utility puts have yet to kick in a large way as well (even though I pooted them at THE top back in Oct!) arrrggg!!... but I anticipate that to change very soon :)



To: Knighty Tin who wrote (42729)1/8/1999 5:13:00 PM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
MB. I'm enjoying the nice runup in MU. Aren't you ready to call it quits on MU puts? MU is the next AOL, AMZN etc. Why? Because it doesn't trade on fundamentals like most of this market. It is a new era out there. Don't get caught think'in like an old timer. It is time to surrender to the new way.

Nothing can stop the climb. Nothing. All time highs are scheduled for the rest of the year until the Y2K scare hits in October. Then we will dip momentarily and then climb to new highs again. I charge Big money for this simple advice but I am offering it to you for free since you will not pay me for it. <G>



To: Knighty Tin who wrote (42729)1/8/1999 8:08:00 PM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike
Actually, I think the long bond is in the process of crashing. It is only a matter of time that you can whip up double digit increases in the money supply backed by low single digits in growth before the long bond holders figure out which end of the stick they are holding. What amazes me is that this has been going on as long as it has.
It will get interesting, especially as long term interest rates accelerate their ascent this year (imo)