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

To: Mary Cluney who wrote (48448)	2/23/1999 2:26:00 PM
From: Mike M2	Respond to of 132070

Mary, read some books about America's Great Depression then perhaps you will understand. The current excesses: valuations, debt, credit growth, leverage , public participation are without precedent. The bigger the boom the bigger the bust. Mike

To: Mary Cluney who wrote (48448)	2/23/1999 2:40:00 PM
From: Alias Shrugged	Read Replies (1) \| Respond to of 132070

Dear Mary: >>>>>>>My point: If you get your wish, the DJIA goes down 4,000 points next week - How much money are you going to make? How do you benefit from making this terrific call? Otherwise, what is is this doom and gloom stuff all about? Okay, I admit it, I don't get it.>>>>>>>> I can see that you "don't get it." 1. It is not our "wish" that the market crash. We are not sadists. 2. We do not desire to lose large sums of money by being "invested" long in this silly mania. 3. If it is going to fall apart, in order to soften the blow, we wish to make some money. Like you, we wish to buy low and sell high. We are simply selling high first. Get it? My best to you, Mike