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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (95047)	3/14/2002 12:17:29 PM
From: John Koligman	Read Replies (1) of 132070

I'm sure your strategy is much safer and more sophisticated than mine, I know you use the famed ninety ten system, while I tend to buy 10k-30k blocks of stock on a daily basis and sell them for fractional gains. It works for me though, and I've been leery of options since the 1970's, when a 'broker friend' suggested to a much younger and dumber John Koligman that he buy naked calls/puts for those 'wonderful gains'. The end result was almost a total loss of the trading capital I had saved up thru years of moving pallets around a discount store while going to high school and then college. One of my better market lessons... Regards, John

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