Recent content by nysetrader78

Nothing to worry about.....if Citi fails everyone has much bigger problems, like a total collapse of our financial system.

Exactly my point, the cut that was supposed to happen next week was already "baked into the cake". Bernanke did everything he could to hold off from being pressured into making an early move, but finally succumbed to the pressure. You are right, in theory cutting rates is very bullish for...

You shouldn't be so proud of yourself. If Bernanke hadn't been pressured into bailing everyone out by his cronies then you would have had nothing to save you from huge short term losses. But then again, you probably knew exactly what would transpire over the weekend right?

Interesting points SethArb.......ones that I have already pondered given that I am a prop trader and not only have seen my P&L swing drastically (thankfully to the upside for the most part also) but even more so with other large BP traders around me. However, the orignal concern was more...

Any thoughts???

did i miss some stock blowing up today? Must have been in the FSLR, TSL, JASO etc...... Thats the only place I see that kind of money being made today. Congrats, great trading!!!

My2cents, I agree with you that there are some major flaws in PJKs argument. In the past 30 years US refineries have indeed become far more efficient and thus have been able to increase capacity at the same time shrinking their geographic footprint. However, the real question is in this 30...

Maverick, Im aware of your reputation as a trader and a manager and generally I have a lot of respect for your thoughts and views on various subjects discussed here on ET. However, I find it a bit disturbing that you keep referencing Worldco as a model for a relationship between a firm and its...

The firm i am trading with has consolidated the level 2 book to only show NSDQ, which is a route to all Nasdaq destinations. Does this mean that you can no longer route to INET? I cant seem to find clarification as to if this is just a firm implemented thing or if the INET route no longer...