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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (35609)11/9/1998 2:40:00 PM
From: accountclosed  Read Replies (1) of 132070
 
MB.

At a time like this where you are keeping your powder dry waiting for the Christmas lies to be told, what do you do with your 10 of 90/10. Is it allocated to option income strategies, or just sitting and waiting?

It may seem like a stupid question, but I think there is a lesson going on here. Patience. Sometimes doing nothing is the hardest thing to do. You have a strategy. It seems you are being patient. I have no quibble with the thread that stocks are WAY too high. But that doesn't necessarily equate to always fire all the ammo at shorts and puts nor to decide to join in the craziness on the long side either.
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