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  1. H

    Observations on the NYSE specialist.

    I think a big part of the problem that some traders have with the NYSE is the "shroud of mystery" about what goes on at the floor. This is especially true of the newer traders who "grew up" in the ecn "digital age". Only a lucky few are able to actually get a chance to visit the floor, which is...
  2. H

    Observations on the NYSE specialist.

    Surprisingly, I have not seen it discussed at all here on this long thread, but the specialists are highly limited and must adhere to strict rules when trading for their own account. Think of a blackjack dealer as a loose metaphor.
  3. H

    Observations on the NYSE specialist.

    Please clarify this distinction, as I would venture many here might fail to see it. The last thing I would want is for myself or anyone else here to misunderstand your statements.
  4. H

    Observations on the NYSE specialist.

    I think this might confuse some people here. I hope that you might clarify this, so that there can be no misunderstanding. I am pretty certain that you are not reserving a right for yourself (posting opinions about posts) that you would wish to deny others on this board. I am also quite...
  5. H

    Observations on the NYSE specialist.

    Than kindly clarify for all of us please, so that their can be no misinterpretation. I only seek the truth, the last thing I want to do is misunderstand you. You have said in many posts I believe, and correct me if I am wrong here, that you felt it would be a waste of time for anyone to learn...
  6. H

    Observations on the NYSE specialist.

    Then you agree that traders should learn how to trade on the NYSE.
  7. H

    Observations on the NYSE specialist.

    Regardless, it is still an illogical and absurd asumption and I have challenged it in the interest of seeking truth. If all you can do is complain then it adds weight to my statement.
  8. H

    Observations on the NYSE specialist.

    I am that sure Don is aware that traders make money with trend following and reversals. If I understand you, Rockford, are you saying that these cannot be done trading on the NYSE?
  9. H

    Observations on the NYSE specialist.

    This is incorrect.
  10. H

    Observations on the NYSE specialist.

    I do not have a first hand familiarity with Don or his firm, but I can say without hesitation that your assumptions are absurd and completely illogical. It seems like you typed before you thought hard about what you were saying when writing this. edit:By the way, the post did sound...
  11. H

    Observations on the NYSE specialist.

    This is correct. At the exact open price, limit orders are not guaranteed a fill. At better-than open price limits and markets of course are.
  12. H

    Wash trades - legality?

    The idea of using an account of a seperate owner?
  13. H

    Observations on the NYSE specialist.

    Anyone who read the opinion presented here (I wont mention names) that it would be a waste of time learning how to trade stocks on the NYSE because those skills have a limited time value should take a good look at this statement from ctsu, and the numbers, and ask yourself if that sounds like...
  14. H

    Observations on the NYSE specialist.

    Setting the record straight and correcting Rockford's above misleading remarks and lies: Hamlet is not embarrassed. Hamlet does not mislead ET members. Hamlet claimed to have "experience"; superior expertise is a relative term that was never used. Hamlet stands by his statement...
  15. H

    Observations on the NYSE specialist.

    Those all get filled in your examples.
  16. H

    Observations on the NYSE specialist.

    This is incorrect. I suggest you know all the rules before you post definitive answers, or you do a disservice to readers.
  17. H

    Observations on the NYSE specialist.

    By the way, I do believe firmly that any trader had better make sure he is prepared ten times more then he thinks he needs to be if he wants to succeed in this business. That includes understanding the rules and learning the nuances of each arena and product that he touches. It is well known...
  18. H

    Observations on the NYSE specialist.

    The point of closing the flaming and moving forward was already previously established by the moderator days ago. There was not a "one more time" provision. The moderator issued a serious warning and backed it up by saying that he was indeed serious. I truly hope that he stands by those...
  19. H

    Observations on the NYSE specialist.

    There is no embarrassment whatsoever. You can read from this posting of mine from earlier today and similar postings made to Don Bright and Dan over the past several days that the question of long vs short sales (priority) is in my mind not settled and open to debate . As far as I am concerned...
  20. H

    Observations on the NYSE specialist.

    Attention Moderator: Several pages back you drew a line in the sand related to keeping the posts of this thread on topic. This has been done from that point on until now, and the spirit of the thread has been informative and civil. Please be aware however, that Rockford now in his previous post...
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