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I CANNOT wait to hear what their responses would be! That is if they are actually asked the RIGHT questions on the hill. I also have come to believe that the SEC is so far out of touch, "if they wake up in the morning, tie their shoes and take a pi*s, I'm not happy, I'm amazed!" (Buford T...

Is she marrying Borat?:confused: :D

I wouldn't be surprised if there may be "something" in it for him, besides the five figure monthly fees they charge HFT's to have their servers AT the NYSE. I think his Brother needs to get him a job at comedy central. If this weren't so blatantly wrong what's going on, it would be funny. Sad...

Do the guys on the floor and the pits create phantom volume? I take it that you know volume leads price?

Insane huh!?!?! My mentor said this would be on the table several years ago. Looks like he's right again...

It was stunning so see the COO of the NYSE basically say, "oh come on in guys. You can put your servers right here at the NYSE and get data before the rest can get it for about $15,000+/month in fees." Anyhow, take a look at this thread...

I'm looking at PE right now. Also have a Friend who trades ag futures. He's doing well. As far as where the money is going, I agree. It's not going where it used to!

Yes, it's a look at me mentality. Good point! I DESPISE those ear bursting harleys!!!! When my youngest Son was two years old, and asleep in his car seat, a harley beside me at a light started that reving crap, and almost deafened me. The problem came when the guy woke up my Son who was...

I had no clue the COO of the NYSE is the Brother of John Stewart of the daily show. http://www.elitetrader.com/vb/showthread.php?threadid=208258 No wonder the NYSE and Wall Street has become such a joke. Literally!

I was shocked that CBS didn't consult other traders to show that the HFT's are stuffing quotes, creating phantom volume, and front running. Of course, if they had asked those questions of the ONE hft firm that agreed to an interview, the interview would have ended quickly... The...

Thank you for the post! I wasn't familiar with Kerala. What did you find most appealing about living there?

So phantom volume, front running, and quote stuffing is all good to go?:confused:

The monthly fees are in the five figures to have your HFT server placed INSIDE of the NYSE. The HFT's are breaking their necks to get in there. Good sign? NO!!!!!!!! NO WAY!!!!!!!! While the rest of us get quotes. The HFT's have already seen the best quotes FAR ahead of us, they have been...

I CANNOT believe that the COO of the NYSE has not been fired yet!!!! Watch the CBS clip, and tell me who's side he's on. He literally encourages HFT's to put their servers IN THE NYSE (oh yes, they pay the NYSE big bucks to put their server there. Hmmm), so they can rape the markets all with...

Huh?:confused:

Lol! Women, and ANYONE with thin skin do not click on this: http://unix.rulez.org/~calver/pictures/dddirtysanchez.gif :D :D :D :D

Don't listen to this MEASTRO guy! He trades from an old laptop.:D :D :D Any new changes to your trading setup bro? I showed some pics to the guys I work with, and they said they thought they were doing good with three 24" monitors. Lol!

VERY well said! I also agree, Chicago is the place to be poised for financial business transactions going forward. Don't think Main Street is willing to forgive Wall Street for the credit disaster for decades. By that time, Chicago will be the superpower. As far as Texas, by far my favorite...

Yeah, they're providing liquidity... Lol! That statement is akin to the inv bankers saying, "these CDO's are going to be amazing for the markets as people make their house payments since real estate always goes up.":eek: :D

I've had that book in "shelf development." I need to read it. What have you taken from it thus far?