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  1. 2

    The king of real estate's cashing out

    everyday man... rain or snow...
  2. 2

    The king of real estate's cashing out

    cld it be that he just doesn't take himself as seriously as some other rather tedious people on this forum... just a thot... now the Fortune article is really cool, great post thanks, great life story, v.colourful! kinda reminds me of andy stone...
  3. 2

    IB Really Wants REFCO, IB now top bidder at $858M

    i'm sure def, but i don't... do u? seems to me that customer flight wld likely have been much faster shld there have not been such an early bid, only possible after the chap 11 filing, by a credible group such as the one led by flowers... (try to imagine domino pizza bidding on the first...
  4. 2

    IB Really Wants REFCO, IB now top bidder at $858M

    except they didn't... funny thing is, thanks to Drain's decisions, now all parties can safely rescind / lower their bids, ask for more time to perform proper DD etc, allow customer flight to continue full throttle... whats 10x% of $0 again? :-)))
  5. 2

    Will Refco set a new trend?

    mmmhhh... since this is just a discussion forum, care to venture a few names of firms that are, perhaps wrongly, thought to be a bit 'fragile' at this point? if only to encourage them to communicate more about their 'hidden' strengths, why clients should feel safe with them etc? too many of...
  6. 2

    I Can't Figure it Out!!!!!!!

    take a break. come back & pick yr spots more carefully, trade less, reduce your timeframes (time-box yr trades), scale in & out more (never average down), tighten yr stops, move them up faster (break even is always better than loss, always good to reassess where the market is, there's always a...
  7. 2

    Refco Account Security

    thks jimrockford... i've looked further, found some academically interesting stuff that just demonstrate how complex things can get, for people who like to read...: www.occ.treas.gov/ftp/bulletin/2002-39.doc but i guess this from the nfa booklet sums it up nicely for spot forex traders like...
  8. 2

    Refco Account Security

    am interested to hear about any 'scheme' allowing custodial customer monies to be ranked as 'secured obligations' if any, but the more i dig... e.g. if this is still current... not a chance: http://www.cftc.gov/tm/tmint-10.htm { The Division is also concerned that persons making use of a...
  9. 2

    Any word from Refco Trading Services?

    newbie-type question here: what u guys mean by 'flip'/'flipper'??
  10. 2

    More Bidders for REFCo

    dude - care to explain why it wld be so great for this planet or is it just a vision you had when u last where in lourdes ??
  11. 2

    Refco problems affect FXCM?

    fwiw am trading everyday via fxcmpro/currenex, so far no probs, liquidity providers don't seem to have a problem with fxcm at this juncture... i did worry a bit last week but... refco's only got 35% in fxcm, a bit less dangerous than with acm (they have 51%), but even then, since last tues i've...
  12. 2

    Experienced Forex Trader Needed

    Hello, I am interested in speaking to private investment clubs who would be interested in having an experienced forex trader trading for them. Please contact me at your earliest convienience. I prefer if you send me a little more details than the guy who started this thread, i.e. how...
  13. 2

    RefcoFX vs. Oanda

    also, oanda wldn't be the only one to practice 'individual pricing'... acm does that too, am sure many other brokers.... and essentially if you are profitable...
  14. 2

    RefcoFX vs. Oanda

    sorry, 'berkeley'... all the same...
  15. 2

    RefcoFX vs. Oanda

    insufficient liquidity at times (when i need it...) pipscooper - auto-shading (1-2pips) is the norm, thats part of how yr dealer manages his risk position (have a read of the harvard article i early posted in response to chood, i wasn't just being facetious), however what yr being hit by is...
  16. 2

    More Bidders for REFCo

    highest bidder v.welcome indeed... now if u looking for a stock to short in the future, yeah i think the dubai guys wld be a good choice, or even calyon :-))))))) whatsit they bought recently? the ex- debit lyonnais? the gvt-cosy thing that only cost the french taxpayer $30bio? this guys r...
  17. 2

    Refco Account Security

    kindly post the full article... this is a subscription only website... thks
  18. 2

    More Bidders for REFCo

    blackstone, i know, thats the right caliber. abadi, all i know is he is a refco creditor, stuck for $20+mio, not exactly a totally disinterested party... not that my opinion matters in any way with regard to closing the deal etc, but just trying to understand the merit of some of those bids...
  19. 2

    More Bidders for REFCo

    everything dude, sthg only a frenchman wldn't understand i guess... not saying that for u of course....
  20. 2

    More Bidders for REFCo

    sorry, just curious, who is abadi really? can't say his name has crossed any ocean yet honestly... whats his track record? how credible the bid, the experience of the dubai dudes etc in running the type of business they r bidding for? i'm sure they must be really flush with the oil prices...
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