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

To: Ilaine who wrote (48849)	2/25/1999 12:07:00 PM
From: Mary Cluney	Read Replies (2) \| Respond to of 132070

CB, >>>what difference does it make to you whether Earlie "profits" from the crash, if it occurs? I am having a hard time understanding where you are coming from. Do you think that people who invest in puts and sell short are what will cause the crash? <<< I am also having a hard time understanding where you are coming from. I am assuming that we are investors here and are looking for some insights into the market so we could make better investments. For me, I do know that the market sometimes goes and sometimes goes down. But, it is important for me to do know what the current direction is and make my investments accordingly. And, one reason why I participate on this thread, is to be fully aware of an opposite point of view and not to be taken by complete surprise if events should change. The bull market is not my religion, but currently we are in a bull market. But, if the direction of the market changes, I would still like to see my investments go up. From what Michael Burke is telling me, this may not be a pipe dream. However, I am not getting anything out of this thread that I could understand that would help me to achieve this - when that day (the bear market)comes. Mike's strategies are way to complex for me to execute. They are from what I can understand, contrarian strategies for big time money managers. But, from the rest of the people on this thread, I don't understand their rationale. Are they just rooting for a meltdown for its own sake? Anyhow, all I'm trying to do is make sure that my own investment rationale is fundamentally sound. If you could put some holes in it, that I can understand, I should have no reason to reject it. Sincerely, Mary