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


To: Bonnie Bear who wrote (46916)2/14/1999 3:10:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Bonnie, for the story about options and arbitrage see " The Art of Speculation" by Philip Caret published 1927 (reprints available) p.321 . There are more parallels than Wall St would like the public to believe. I just noticed in my original 1927 copy a prior owner has cut and placed an article dated Dec 12 1928 how one investor felt he was protected by stop loss orders w/out understanding it simply executes a market order but offers no guarentee on price. At the risk of beating the point to death HISTORY REPEATS! another ho ho ho Mike