Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Adams who wrote (83661)	9/20/2000 9:36:53 AM
From: Tommaso	Respond to of 132070

I hope you will pursue this and then write me an Idiot's Guide to Buying Calls on the Euro. I got bits of advice here and there but never quite got it all together, though if I just had gone ahead and sent Lind-Waldock $10,000 and asked for help, no doubt I could have got started. Howver, since my $10,000 would probably by now be worth about $2,000, it's just as well I didn't. But sooner or later the euro has got to turn. Or rather, something or other is going to bring down the dollar big-time.

To: Mark Adams who wrote (83661)	9/20/2000 12:03:16 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Mark, I am buying the currency calls through a full service broker. However, I have bought through Brown and Co. in the past. One of my full service brokers, Janney, Monkey, Scott Tissue, won't touch them. Basically, the things trade by appointment only and the spreads are wide. But, if you catch a move, it doesn't matter all that much. So far, with the Swissies and Euros, the moves have been catching me. <g> But I know from my experience with the Yens and the Swissies at an earlier date that you can make big bucks with these things. I trade the currency futures through a futures broker.