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It is true, but I have a broker who always round up on sub-penny calculation for SEC fee, but they never round down. About half the time, I'm always paying one penny more on the SEC Fee. One penny is not worth the trouble to make a fuss but it is a pain in the a$$ trying to reconcile p/l for...

It's not a stupid question. :) How can I tell if it is the specialist and not another trader ? Practiced tape reading and you can interpret some of the action. This stock is easy to tell. How can a single specialist control millions of transactions ? This is not a very liquid stock...

This Specialist is really blatant with ignoring NYSE rules today. I was tape reading and came across a Specialist who was doing principal trading today and he is trying to unload his inventory. I tried to hop aboard with Shorting. The Specialist would not allow me to short by hitting the...

They scared me this weekend too when I received an email that I changed my account subscription. I thought my account was hacked and someone was messing around with my account. I was on hold on the phone for about 1/2 hour trying to get through to client services dept. I gave up and hanged...

Is there any update on SEC proposal for allowing Shorting on a Downtick for widely traded NYSE stocks ? I think it was suppose to be effective in Jan'04, but unsure which stocks are on the list for shorting on a downtick.

For Days when you are kicking ass on your trades...

Overload, Thx for the link & the book. :)

Can anyone recommend a website or a book that describes the Mechanics of Pegging ? I know that Hong Kong pegs its currency to USD but how do they do it ? It can't be as simple as Buy the USD and sell the HKD. TIA

thx for the info.

Question for the Food Scientist Can the contagion for Mad Cow Disease be found in Milk ? It the Cow has the disease, what if Farmer John milks the cow and sell the milk ? Wondering if there can be a ripple effect into the Dairy stocks ?

ertrader & surfer, Well played ! :D

He will start to raise the Fed Fund rate to combat inflation. You might want to read up on Paul Volcker, Greenspan's predecessor, on how he fought inflation.

Have you seen this ? http://www.nfa.futures.org/news/newsRel.asp?ArticleID=1185 :confused: They came into compliance this month, but there are no details on what cause the NFA emergency enforcement action or how coes fx got back into compliance.

CAM - He is not a bad specialist per say. However, he is very good at pushing the price up and won't let you short it if you are not using a bullet. Those upticks disappear too fast before you can even hit the keyboard. This is when the stock is going up, not down. LOL, someone should remind...

The same thing happened to me today. A bunch of my orders were stuck in limbo. I couldn't cancel the orders and I didn't receive confirmation that they were executed. I was told by TradeStation that the communication between them and Island were broken. That was the reason why everyone...

The zero key on my keyboard got stuck. :D

FCX = Stay Away. Tends to hold onto your order until he see which way it's going. You won't get good fills.

Perhaps SLK = Spear Leeds & Kellogg. A bunch of REDI traders. :D

Last week I retested a couple of specialists that we had already rated to see if they had changed. Sometimes, the specialist would change their behavior ( brought on by closer scrutiny. They realize ppl are watching them and some of the ppl might be regulators. :D ) and sometimes there would...

WYE = Stay Away for today. Specialist not maintaining an orderly market. He is Gapping the stock up and down all over the place. I'm talking about intraday gap not opening gap.