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Here is an interesting article on trading psychology in the Washington Post http://www.washingtonpost.com/wp-dyn/articles/A44595-2003Oct18.html

Here is a snippet from this weeks Barron's article: "Surf's Up" ranking of best web sites by category. The categories were bonds, chat/message boards, commentary, company research, economic data, investor education, financial news, global markets, mutual funds, portfolio trackers, screeners...

Its not about professional or amateur, its about stealing. Its like an accountant who works for a large company with a lot of employees who steals a few pennies from each employee every paycheck. The fact that it is small amounts does not mitigate the crime.

You have done a lot for this industry, Don. But you are a NYSE member, no? Don't members have a vested interest in keeping things the way they are? :D

You have got to be kidding me. You assume that everyone who buys a listed stock is a professional? NYSE is self-regulating in order to avoid government regulation. They can't then ignore their own self-regulation when its convenient. You can't have it both ways.

The thing is Don, the NYSE imposed their rules on themselves and used them to justify their antiquated open outcry system, time delay and wider bid-ask spread. Then they treated their own rules as though they were toilet paper. You can't have it both ways!

I can't help but thinking that if a blue collar butcher were caught resting his thumb on the scale when he weighed someones meat - he would get his business shut down in a NY minute. But if a Long Island specialist gets caught resting his thumb on the "send mode" button and causes stock orders...

Excerpt from a NY Times article. Read the last part how they gamed their system in order to screw customers: __________________________________________________ Big Board Plans Fines for Specialists By FLOYD NORRIS and LANDON THOMAS Jr. "The New York Stock Exchange has decided to...

The Bright Bros. probably have pictures of SEC Donaldson in some Las Vegas area cat house. They will single handedly preserve the specialist system. :D

Looks like even mightly Fidelity is scared of these guys. (hey, there are no new icons on this page. I was going to select the "red face" at being wrong that the caller was Don B.) :D

The pit can't compete, but it can obstruct. (think I'll try one of these new icons) Here is part of an article by the Financial Times Eurex to sue Chicago exchanges for antitrust By Jeremy Grant in Chicago and FT Reporters Published: October 14 2003 19:22 | Last Updated: October...

Lot of buzz on the specialist system on CNBC and WSJ today. They even had a little poll on it http://moneycentral.msn.com/content/CNBCTV/Promos/P63356.asp A guy named "Don" called in-support of the specialist system. Hmmmm wonder if that call was from Las Vegas? :D I think SEC...

The market is at an inflection point that it is trying to break through, switching from a bearish market that turns down at cyclic resistance to a bullish market that will rally from cyclic support. Right now that resistance is around 1050. Its screwing up a lot of patterns and shrinking...

Hank Greenberg is the eminent "Dean" of wall street. If he says that the specialist system gots to go - then it gots to go! Regardless of your name, Hugh G., you couldn't even hold his jock strap End of story :D

a milk crate or an old tree stump

You could sell ad space to the ecns in a specialist rating section

How about a section on the home page for rating NYSE specialists? Like your brokerage, book and software ratings.

On the Elite main web page there are sections for: "Latest Broker Ratings" "Newest Software Reviews" "Most Recent Book Review" Perhaps Barron could squeeze in a section for Latest Specialist Ratings?

Part of an interesting article from Barron's on how pension funds are allocating more money to commodities. ______________________________________ The Right Stuff Battered by stocks and bonds, more pension funds are discovering commodities' allure By NICHOLAS ELLIOTT "WHEN MEAT AND...

Thats a start, but to carry any weight it would be better for a rating to be done by an association or magazine.