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

To: Copeland who wrote (50047)	3/6/1999 9:54:00 AM
From: Tommaso	Read Replies (1) \| Respond to of 132070

"DJIA looked and moved like an Internet stock" Good analogy. If everyone in the country who has a weakness for gambling gets out their credit cards and buys mutual funds, this could continue a while. For a remarkable self-confession about gambling addiction, see this week's New Yorker. Two college professors--brothers of the well-known semisurrealist fiction writer, Donald Barthelme--gambled away a good-sized inheritance in a year in casinos in Lousisiana riverboats, But they spent so much time doing it that they became suspected of cheating and now are indicted for that on top of going broke. After reading it, I had to examine my own mental condition to make sure I was not in the grip of something similar, but as far as I can tell all I am betting on is that a lot of other people ARE gambling recklessly. Yesterday wasn't very good for me, but my LEAP put portfolio is still up almost 50% during a period when the major averages have continued to hit new all-time highs. I even added one small anti-EBAY position yesterday.