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Politics : Ask Michael Burke
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To: BGR who wrote (77352)3/9/2000 3:47:00 PM
From: Simba  Read Replies (1) of 132070
 
BGR:

Thanks for the clarification. That explains it. You have said many times here before that you are strictly a DCA indexer and made fun of people like MB timing the markets. Also said that you did not buy individual stocks.

Buying stock options on DELL does make you a market timer. Not that there is anything wrong with that :-) Just make sure you are consistent and say that you are basically a momentum investor instead of trying to preach others the folly of trying to time the markets when you have done the same. When YOU have done well with your DELL options, I am sure MB can do that much better with his better handle on the fundamentals.

I am not interested in your tax returns now, maybe the year of the crash when you write off your losses :-)

Simba
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