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

To: Knighty Tin who wrote (73065)	1/7/2000 6:08:00 PM
From: Terry Maloney	Read Replies (2) \| Respond to of 132070

Michael, how would you have handled Ike's situation? I too have been having trouble with market makers stepping away when I've hit their bids. The kid at my discount broker suggested I use limit orders & offer them an extra teenie as a kind of appeasement ... I tried it yesterday and it seemed to work -- sold at the bid, they didn't even bother to scalp the extra sixteenth. <g> Back to your comments on bonds, yes, it sure would have been nice if you'd have lent him that book. Thanks, as always, Terry

To: Knighty Tin who wrote (73065)	1/8/2000 9:42:00 AM
From: re3	Read Replies (1) \| Respond to of 132070

michael, up here in our 'ira' we are only allowed 20 % foreign content and in addition , the law says we can't hold foreign cash in it... did you know, once i sold one american stock in mine and bought another and the brokerage nipped me on the currency,i.e. i paid a higher rate to buy then to sell. the trades were done simultaneously, i.e. sell a and right away buy b what's that expression, 'you always know when they're gonna do it to you!' i had 500 shares of something and my share profit was 15/16ths...i ended up losing 2.5 cents on the currency (perhaps to some degree the canuck buck appreciated in that time)...i ended up with a measly $ 237 canadian profit on the trade... ufb...scr8w8d again !