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"Speedracer, this is not a slam on you so please don't take it that way. It's for the guys you know flipping 50 lots. They can't justify the cost of a T-1 pushing 50 lots around??? Hell, I would have a T-1 with both Cable and DSL as hot backups via a Cisco router if I were flipping 50 lots...

I know some guys in CA and Az who are using cable with TT and are not having anymore problems than with dsl. They seem to be very happy with it, and one of them pushes 50 lots and higher of the emini. They would like to switch to a t-1 eventually to get rid of almost any possibility of having...

I am still waiting also!

I trade in the Scottsdale office and the system is a piece of shit compared to what it was even a year ago. Greg yanked our direct lines to save a buck and our volume went down after. So he took more and people left to go trade on better systems and our volume went down more. So a few months ago...

You ask how do we beat it? I have been thinking about this for the last month, because I am a scalper, that is what I have always done, and what really drives me. If this continues and spreads to all NY stocks, it will drive most scalpers away. Lobster asked why people like NYSe besides...

Sounds like the typical bullshit response you would get from the nyse when they are screwing you. At least it is a new response, the one they alwasy give me is "trade ahead"., Oh, or the time they told me that I was first in the book, I should have got the print, but the specilist sent my order...

You still get price improvement in say, WMT, but not near as much as you used to. When the market gets wild, as it did friday morning with the bin laden rumor, I got out of longs in the big prints at the 50 cents and the dollar above. When things are wild, the specialist is doing things as he...

I think this will be good for island if the NYSE actually goes over to the new liquidity quote issue being discussed here on other threads. If you don't get price improvement anymore from the specialist, there is no reason to send you limit to the book , and deal with 2-3 minutes cancels. More...

I will check it out.

Do you guys have a quick link where I can see what firm the specialists work for? I have never seen this info, havn't looked for it, but still. Is there a good site to find this info? thanks

$8 / rountrip is a ripoff no matter how you look at it. If you can come up with 10 grand, there are plenty of good retail deals out there for around 3-3.5 roundtrip minis with a software fee of 550-700 per month, or 4-4.5 roundtrip without a software fee using J-trader. Anything over those...

Last year our group was trading nasdaq stocks and a guy in the group thought he saw a signal. When the inside island quote was 5-10 cents away from best bid/offer, something would shave it by a tenth of a penny over and over again to create a flashing since the new shaved price would come up...

nm

I was part of an LLC last year and I am wondering when they are required to get me the K-1 they owe me. That is all I am waiting on to do my taxes, and I was wondering if it is supposed to be here by the end of Jan, like 1099's. Anyone out there in the know, Don Bright, etc? Thanks

The funny thing about today is I traded wmt and made 90% of my money on the short side. The pullbacks were in the morning and good when available.

I quit scalping nasdaq last summer, but as of late I have heard from several people that nasdaqs appear to be moving better again. If you don't mind, what type of volume did you push through today total and avg trade? I ask this because if you only did under 500 shares at a time, it would be...

Lobster :Just checked: I made $4800 in November. That's $3800 more than I need to survive. I dream about getting to the point where I only need a grand to live. That would make life so much less stressful, and crappy months like this easier to take. Congrats Lobster.

I am wondering what internet websites do people use before market, and throughout the day to look up news stories on market activity and stories on individual stocks? For example, at hold we get a daily bullitin with some news briefs on it, and I will also check briefing and yahoo for news on...

You hit the INCA with inca, and then slap the specialist. If the specialist has size, just direct plus him. If he has his book closed at 1, check open book to see if he has size there to get out within a penny or two. Arbs are great, and worth the risk of trying. just make sure it is crossed...

a specialist has a license to steal. The crap they get away with is wrong. They will screw you every chance they can, but guess what? That is the game. And I like the game, but I don't ever use market orders.