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  1. K

    New York Area Traders

    sounds like fun. maybe i can write off my gambling losses as a business expence
  2. K

    what size can be day traded?

    i usually news trade and my average trade is in the low millions when i do decide to hit something hard, but i really only hit something hard acouple times a day. and im in out within acouple minutes. i do have buying power of 10 million but i only ever use that on some macro news and hit...
  3. K

    Purchasing NCC

    your right, but why would a company that lost 3/4 its value in the past year activly be shopping themselves? without question it will be a takeunder if they can find a bank willing to take on there risk, which most banks are not in the position to do. If your in a industry that is doing...
  4. K

    Purchasing NCC

    thats what BSC holders said at $30
  5. K

    Purchasing NCC

    i could be wrong but i do not think banks where competing to buy NCC. I thought NCC was begging someone to buy them, right now im guessing there are some banks low balling NCC, maybe $5 or $6, ok they own $250 million of V, but how much mortgage exposure do they have? im guessing right...
  6. K

    Lets suppose the US bombs Iran...

    i think in this situation oil would go down. when the trains where attacked in london oil went down becuase of a concern for the ecconomy.
  7. K

    Maket going up 1000 Points Today

    nobody cares at fitch. MBI stopped giving fitch info on there business months ago. They did not want to be rated by them anymore. They are not a big deal anyway, they cut ABK awhile ago
  8. K

    Bid 'Em Up Boys

    your a joke dude. why dont you try to post like an adult?
  9. K

    Why no salary or draw at trading firm?

    i gues its just supply and demand. i was one of the last traders in my firm to get a draw (2001), after that nobody did, we still got traders to trade. i dont think most people who trade think they work for there firm, i think they feel as they work for themselves. Why would they pay...
  10. K

    Uptick rule

    if anyone cared about traders we would not be any hybird. investors come first
  11. K

    Uptick rule

    you guys know, that for 2 years the sec tested about1/5 of ALL stocks without an uptick rule, when after 2 years there was no diffrence between stocks with an uptick or without, the sec took off the uptick rule. for months everything was fine after the uptick rule was gone. Now there...
  12. K

    NYSE to offer electronic reserve orders

    isnt this something flor brokers did for there customers? Now its one more money making area taken away from floor brokers
  13. K

    Uptick rule

    this post is a joke right? you just gave us the highest beta stocks on the nasdaq during a time when the economy went into a recession, and the 4th largest I-bank went bankrupt. There where like 4 posts allready saying how the uptick rule was never an issue shortng nasdaq stocks, arca let...
  14. K

    Uptick rule

    no actually it had something to do with 200 billion $ of bank write downs on crappy loans tied to subprime losses. and then a crappy economy. The VIX still has not reached its 2002 levels (i thought it was 50+) The reason the sec did a test of about 1/4 of all stocks for 2 years without a...
  15. K

    Starting a legit prop firm

    Hold will take 5k to start
  16. K

    Charlie Gasparino inks $400,000 advance for book on BSC collapse

    Yeah i saw it, i wonder 200 people show up at 2 pm to protest............hmmmmm i wonder if these people have jobs. if not people get a job and pay your bills!
  17. K

    Charlie Gasparino inks $400,000 advance for book on BSC collapse

    between him and david fabor, they knew what was happening as it was happening, but would not say a thing. Fabor actually came out and said that GS would not use BSC as a counterparty when he had the inverview with the ceo of bear, but i felt the whole time they where grinding there teath
  18. K

    Oracle Earnings

    i guess we will see if your right tomorrow
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