It's just ridiculous that ANYONE would get the CC# before the public. Especially with the SEC's push to level the playing field e.g. - Reg FD (Full Diclosure) which states that all investors must receive 'relevant' info on an even and 'non-selective' basis. Are all journalists restricted from...
Dow Jones Industrial Average Divisor 0.14279922
Eldredge, I got this off a cbot wesite - lost the link when I started to write this, sorry I'm sure you can find it. You couldn't calculate it yourself unless you went back to get every stock split in every dow average stock since like 1898 or...
This is a really poorly researched article with several untruths. 'Naked' short-selling?? There is absolutely no such animal in ANY US market - Equity OR Fixed Income. I think John Labate was high when he wrote this! Rules different on NYSE then for NASDAQ, what is he talking about? Both have a...
I think thats a strong word for market makers. I always viewed manilpualtors as the guys at First Jersey or Oakmont who raided Granny's savings with Penny Stock offerings. Options MM's create liquidity for all of us to use leverage as retail investors. If they try to 'peg' a close on expiration...
Arzoo,
The 'front month' changes on the Thursday the week before expiration. So for March, since expiration would be the 3rd Friday which is the 21st, the front month would change to the ES'U on Thursday the 13th.
I have the news on for the same reason I watch my favorite technical indicators, to figure out what the herd will do next. This is how I've always approached trading - what will people do with this news or the fact that we are up against major resistance, etc... The people on those programs are...
If you've been trading for 25 years, then you can't be that good.
:confused:
Thought this was great. I actually just retired at 40 from Wall Street. Not becase I had enough, because I now have the know-how to do it without the suit and politics that were all to distracting. Roger Clemens...
I've seen a couple replies here that hit it right on and some that were way off. As a former Market Maker I can tell you that the last thing you want these days is to 'tip' your hand to other MM's (driving the price higher doesn't make any sense if you have a buyer - everything is facilitation...