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


To: Knighty Tin who wrote (88298)1/11/2001 3:03:42 PM
From: marginmike  Read Replies (1) | Respond to of 132070
 
Where I need a litlle action, this rally is getting me upset! I guess I cant buy CSCO when they are saying that they have no idea that business is so bad they cant forcast 2Q out. Besides the fed keeps saying everything aint so bad, does that mean they wont cut rates-g-



To: Knighty Tin who wrote (88298)1/11/2001 6:29:02 PM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
To All, Ch-ch-ch-changes. I dissolved the Maximum Income partnership as of December 31. I had my best year ever last year and was very happy with how it turned out. I never made more than coffee money (not Starbucks, either <g>) managing it and I either had to find a way to expand it or cut bait, as it was taking up a lot of my time. I couldn't expand it without moving to Japan, so da bait be cut. My partners kind of expected it and everything ended on a very friendly note.

What does that mean? I can no longer buy the coffee. <VBG> Shoot, I never bought, anyway. It means that I no longer have to act like some CIA agent when I mention the Max Income portfolio and can talk more openly about what I am doing in my own MI portfolio. I couldn't talk about a partnership position because most people do not like their managers to talk about their investments in public. Silly, but most folks are like that and I respect their wishes.

However, short sales seem to be out of my MI mix for now, as I can no longer get a decent rebate with my personal account. So, my 19 strategies for maximum income will be cut back by a few, though I still expect it will be a teenager. <g>

I may be taking on some other gig or gigs in the months ahead, which could add restrictions to what I can say here. But, for now, I can yak my head off.