Thanks a lot for all replies, i now understand much better what the new thing will be. I thought initially that they were banning the whole short sale rule, now i see.
thanks,
wercurna
A friend of mine mentioned this to me. He mentioned that he had this info from reliable sources. I hope it's not truth, but my buddy was so sure about this that i decided to ask around here on ET.
wercurna
I heard tonight that NYSE is going away with the uptick rule, is this truth?
If any here have information about this please let me know if this is truly going to happen.
sludos,
BlueHorseshoe,
I don't consider myself dishonest nor stupid for liking th NYSE system. It's the way i learned how to make my living and i really don't see what is so dihonest about it.
I have traded Nasdaq before and i will tell you that i am much more confortable trading NYSE then trading...
Bright is member of chicago not NYSE. I have to say that i agree with Don an electronic system might seem like an answer until things get out of wack in the market place.
I have to agree with Don, last week the specialist halted SPG stock and reopened it only 10 cents above where it closed, if the mechanism of halting and then reopening was not possible who knows what would have happend with SPG.
I have to agree 100% with your statement with the NYSE I sometimes feel like....... oh my i am being screwed by the specialist but then imidiately i realize that that is the name of the game. What you mention about EMLX bungee ride is totally truth.
I do have a positive thing to say about the specialist system.
For example Friday when the market started selling off around 2:45 had to sell a stock i was long AGM was the stock as soon as i felt the sell off coming i sent a market order to sell 1000 shares of AGM at the market (this is a...
Heyman,
So what you mean basically is the following.
The market is 50.00 by 50.03 you buy the offer @ 50.03 and offer out stock @ say 50.15 then after a couple of minutes the specialist will print a big print @ 50.14 not filling your seel order.
Is this what you mean?
I have had...
Hayman,
I am honestly not trying to attack you seriously but i want to understand more about this NYSE thing.
What are you exactly looking for to be changed on the NYSE and how would that affect you?
I also trade NYSE and i do ok my biggest fear is that i all changes and i have to...
Do you believe that the $50,000 $75,000 scalper will get better as he practice more and more and slowly do better as time progresses. I understand that Scalping has gotton harder and harder but i hope that there is a point where it stops getting harder and then with more and more practice and...
Can you explain how you see the floor brokers show up?
How do you see the floor broker at work, and what Avg Volume are you talking about?
thanks,
wercurna