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: accountclosed who wrote (38983)	12/10/1998 5:59:00 PM
From: Knighty Tin	Respond to of 132070

AR, I do exactly what you do. Not only that, the portfolios I managed at mutual fund cos., a hedge fund, and an insurance co. did the same thing. Which meant I always looked immediately stupid for putting on any options trade. But the bid and offer are fair prices, because that is where you can lose the positions if you had to do so. And, who cares what you look like immediately. Like Silky Sullivan, the object is to be first at the end of the race, not the beginning. <G> MB