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I'm not trying to "come up" with anything. The issue at hand is THE SPECIALIST and the implied demise due to competitive pressures rather than your eggshell fragile ego. Simply put (not to be confused with options) "He's" not going anywhere. As far as my looking like a fool, your...

Not tying to give you a laugh. But.........your 800 posts is a reflection of a troll. That in and of itself is a little laughable. No doubt there are pearls of sage wisdom in each and every one. IF the specialist issue "barely" affects you, then WHY are you here? Why bother? Latent...

Grasping for a scapegoat for your lack of trading prowness? I already know you chum the after hours ocean for your edge. As far as getting RID of the specialist, that's woefully naive. To reiterate, they would not vote in their own demise. Prior to 1971, the NAZ was nothing but cats and...

I didn't say NYSE specialists weren't licensed thieves. They are. But the point was they're the lesser of three evils relative to both the NASAQ and CBOE. Black boxes, aka program trading, are just as rampant in NYSE as NASDAQ. In fact, I'd venture to say the volume of the former dwarfs...

A rogue Federal Reserve Bank? What's a little worrisome is the mortgage-backed component of open market operations. They're not exactly backed by the full faith and credit of the US govt. Oh that's right Fannie & Freddie are quasi-govt agencies. All those tranches of orginations from...

Here you are dispensing your pithy wizdum (again). The ........eh.........scumbag specialists aren't as big of a den of theives as the Nasdaq MM's. And..............the Naz MM's pale in comparison to the CBOE. Pssst..............."we" won't delve into bulletin boards, pink sheets or...

That book was written in 1977 and out of print for decades. The Taylor Trading Technique written in 1950 by George Douglass Taylor paid for itself immediately once understood.

Using spreadsheets with both buy and sell stops based up a multiple of the ATR doesn't require charts. I do it all the time.

Folklore is not just Paul Bunyon, Daniel Boone and Davey Crockett. There is a distinction between skill/money management and 10% margin, no upticks, outside capital, acts of God, press releases, and insider information. For clarification, here's a sketchy chronology: By 1900, aged 23, he...

Foremost, the focus upon foreign ownership is a form of isolationism. It didn't work in the 1930's (Smoot-Hartley act) it won't work now. The foreign aspect may be a symptom of "the problem" but it's not the root. The US has a $7.4 trillion debt. Even IF both the budget and current...

Thanks, though not to be confused with an eternal optimist, like any good scientist with a piff helmet and butterfly net, I was HOPING to discover new species. So I can determine I'm not one nor becoming one. The get it versus those that don't get pertains to the Pareto principle, though in...

In the interest of self-awareness, the predator/prey scenario, the Pareto principle, and provide a little levity, forthwith is a list of investor and trader "classifications". We ALL fall into at least one category. 1. ETERNAL OPTIMISTS: Can't lose and IF losing, doesn't cut their losses...

Shouldn't you look at the "quality" of the net worth figure? Asset values, particularly homes, are dynamic. Debt is static. I would imagine a lot of Joe Sixpacks have no more than $5,000 liquid, a lame 401K, probably no pension, and banking on Social Security at age 62. Those...

It's no longer Halloween. It's back to the Halloween gap. In fact, you could call that a neckline.

Biggest credit bubble in the history of mankind. Effectively undid most of what Paul Volcker accomplished. $8 trillion national debt. Will have to be inflated away or compound interest will eventually consume it. They resurrected the 30 year T-bond. I wonder why. They'll stop...

What's unbelievable about it? This is the mother of all tops. All the little pigges have to be rounded up and fenced before they can be slaughtered. 1. Flat yield curve will be resolved. 2. Change of the guard at the Fed. Can you say fall guy? But relax, John Snow counts the jobs...

Halts are an ideal time to call around to locate shares with which to short. Whether it's Tokyo, JFK's assasination, or the week long hiatus after 9/11, the concept is the same. They didn't halt to have tea.

Flavor of the week. "This" is not an overnight development. For the last 3 or 4 years, two thirds of EPS has come from Ditech and GMAC, rather than their core business. As for that core, incentives is/was a clue. You don't give away the store. Being the BEST performing Dow stock for...

Dan Dorfman was indicted for something. I don't recall, too long ago. He was pushing 70 then. History anyway you slice it. As for Cramer. A shill. I own a stock. Mentioned on his show. Next day, it gapped up 2 points (6%) during conventional hours and remained level for 3 days while the...

Susquehanna Capital