Recent content by jimcrist

  1. J

    NASDAQ will cancel all trades executed...

    CNBC just mentioned HHH as one where they're busting tradings. That I can believe, but they also mentioned AAPL which was trading at 240 at 1:40. It would have had to drop to 96 to qualify for a bust??? I see the low at about 201.
  2. J

    NASDAQ will cancel all trades executed...

    I don't get this...60%...?!? Even PG didn't drop 60%... how many trades are they busting... 3???
  3. J

    Do certain symbols mean revert more than others?

    I've heard ETFs mean revert more than stocks and certain ETFs mean revert more than other ETFs. Is this true? Does prior performance indicate future returns? I have a mean reversion system I'm backtesting. I ran it with 2400+ symbols (Stocks & ETFs) for the '94-'99 period. It generated 7,732...
  4. J

    DTN Ripoff

    I've subscribed to DTN's NxCore since March '08, paying them monthly $366. Initially, I asked if I could get a discount if I paid yearly in advance, and they said no. I assumed it was a monthly contract, but if you read it, it says: Initial contract period (if not selected, initial term will be...
  5. J

    Easy to Borrow (ETB) and Hard to Borrow (HTB)

    Southwest Securities (SWS) does my clearing and they've picked up a nasty habit of charging borrowing fees on ETB stocks held overnight. They're charging me up to 4% on stocks and I don't even find out about it 'til the end of the month. I won't even borrow a stock if it's over 8%. I didn't...
  6. J

    Modified Uptick Rule

    "Under our Modified Uptick Rule, short selling can only be initiated at a price above the highest prevailing national bid by posting a quote for a short sale order priced above the national bid. As such, the execution of a short sale would occur only at a higher price than the prevailing market...
  7. J

    Isn't Naked Shorting illegal?

    The title of the article ought to be: "The SEC will actually attempt to enforce their own rules (but just for two stocks)"
  8. J

    Will you stay with Cyber/Schwab if they only offer per trade pricing?

    I use Fidelity ATPro as my backup platform to CyberTrader. I think it's an excellent option for you. Excellent support, good access to ECNs, good execution, Level II, charts are fine. I don't think it's pre & post market access is good though, but I'm not clear on the details.
  9. J

    USD Dollar Plunge, This says China doesnt believe USA growth (GDP)

    Spent a couple of weeks in France in September, and a weak dollar didn't feel good at all. :eek:
  10. J

    why there is sudden down?

    The rate of the drop combined with the duration was pretty impressive. I think it had something to do with the elimination of the uptick rule. I'm an equities trader and almost half of my trades are shorts but I think the elimination of the uptick rule was a mistake. Fear is a stronger emotion...
  11. J

    why there is sudden down?

    Who is Axel Weber and why is he hawkish? Some German Economist causes this drop? That's what Rick Santelli said on CNBC.
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