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


To: Michael Bakunin who wrote (60787)5/26/1999 5:32:00 PM
From: Michael Bakunin  Read Replies (2) | Respond to of 132070
 
All, a little comment in re optimism. Folks don't think the bull is dead yet. According to a pal, folks in his office were bragging about the money they made on Amazon's 10% up move today, conveniently eliding the 40% down move of the preceding four weeks. And the #1 thread at the moment is 'Positive Thoughts'. So while I hate to predict the market (it always, always disappoints, somehow), I think we get even more of a bounce than today's recovery. The better to reload, I say -- after selling puts on DELL and PVN yesterday & today, I'm feeling put-light and cash-heavy. Here's betting I'm wrong, -mb