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  1. M

    The tide is turning for the specialists!!!

    "most traders jump at the chance to be a part of the most successful market system in the World." SO they can have the honor of stealing from traders at Pro shops like Bright...
  2. M

    Worldco Going Out of Business

    ??? Judging Worldco or any firm by the cover will get you in trouble eventually. Like a game of Hot Potato or Russian Roullette. (Actually, a few Traders of Russian Jewish descent did get burned) Some Worldco traders were smart enough to beat the market but not smart enough...
  3. M

    Worldco Going Out of Business

    *** Schonfeld is simply trying to BUY the top commission generating Traders. Restore my ass... Its all about the Benjamins. ***
  4. M

    worldco going out of business??

    He'll probably earn more in royalties than trading. Anyone agree?
  5. M

    Worldco - A New Way Of Doing Things?

    "It's just that we cater to the more serious traders, and those who want to run a business..." Let's read into this statement by Don. Newbies, you will be shelling out alot of cash on desk fees and higher commissions to learn the business. SUPPLY YOUR OWN EQUIPMENT for analysis and...
  6. M

    worldco going out of business??

    ANSWER: Worldco and most other trading firms propagate and uphold high-volume trading strategies. Strategies which seem to increase your odds of winning but don't. High-volume trading is a thing of the past. The very strength that has kept trading firms rich in commissions has been...
  7. M

    worldco going out of business??

    First firm representative to circle the not-dead-yet carcass is? Traders BEWARE! The grass is brown on the other side too. Over the entire period of years at Bright I saw a balance sheet card (about 3" X 5") at Bright. I'd like to see Don's face if you were to ask him for up-to-date...
  8. M

    SpecialistMan - by John Bogle

    Amazingly funny! The hypocritical Don Brigth arises. Don Bright is now concurring with the "negative" view of specialists. The Bright Trading sales pitch has and always been - "THE NYSE IS A FAIR AND ORDERLY MARKET... PLUS WHERE ELSE CAN YOU GET PRICE IMPROVEMENT..." I wish John Bogle...
  9. M

    Professional Trading Tour

    what I am talking about. "price improvement?" Are you kidding? If you are on the right side with the specialist at the open or close, then you have price improvement, POSSIBLY. However, if you have have trading in the past 24 months, you are aware that there is only price unimprovement...
  10. M

    Professional Trading Tour

    don't buy the hype... for his "black box" the reason why only small positions are used is because of LIQUIDITY. wake up folks! SLIPPAGE (esp. on the NYSE) is going to kick the *&! out of any system.
  11. M

    YHOO down AH

    Does this mark the end of the run?
  12. M

    Guessing Daily Direction of ES/NQ

    wave 1 down formed
  13. M

    Guessing Daily Direction of ES/NQ

    Short ES signal. Shorting on any break.
  14. M

    what f*ck just happened

    was short stocks, so they can't bustem
  15. M

    New York Open Book

    Open Crook
  16. M

    Rate Cut 1/2 or 1/4

    can you say sell?
  17. M

    The bull has the mkt by the horns

    yes!
  18. M

    The bull has the mkt by the horns

    I will not go into detail of what parameters to use. Here are some generalities... Program several different mkt strength indicators which ascertain market strength. Weight each according to back testing. Combine all indicators into a "master" indicator. Back test the correlation...
  19. M

    The bull has the mkt by the horns

    Trade what you know, not what you see.
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