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    specialist tricks this week

    susq.com slk.com more info: nyse.com
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    Comission and Bullet Rates

    What are you paying for NYSE commission all in?
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    Pair Trading Article

    RD/SC stopped being a good pair because of all the attention given to it over the years...too many arbs mean the good spread prices are gone by the time you click the mouse.
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    specialist tricks this week

    Pepsi specialist is always great. I used to pair trade KO/PEP and the PEP specialist has done me more favors than I can count. A lot depends on the specialist him/herself and the firm that trains and hires them. A word from experience: stay away from Susquehana stocks -- they're always...
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    specialist tricks this week

    what stocks are you trading?
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    Using Datek for NYSE orders

    I've traded NYSE extensively through various brokers...I'm wondering if anybody has experience with NYSE order execution through Datek. I don't like Datek for any reason except that they apparently allow you to place an order for any number of shares at $10.99. In particluar, does the full...
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    Best Discount Futures Broker?

    "e-miNY" crude contracts are now trading
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    Best Discount Futures Broker?

    I'm currently looking at expresstrade.com because of their fees ($8-$11 per side)...aybody used them? also checking out lind-waldock. Thanks for the posts.
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    Best Discount Futures Broker?

    I'm looking to start trading futures again (mostly CL contracts and options)...can anybody advise a good, low commission broker? Thanks!
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    AMEX Thievery

    Has anyone had this experience with an AMEX etf specialist: I put in an order on SPY 5-10c under the current bid, the e-minis turn down, so I cancel the order, the specialist holds and holds until the futures and made a strong move down, then fills me AT my limit price which is 10-20c away from...
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    Squawk box for trading ES

    Ben L. is great...but the fact is more often than not ES has already moved by the time the quote gets out of Ben's mouth. the only value I find now in the squawk is to listen for crowd activity and dealers coming in with size.
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    any recommendation about thick stocks for new traders?

    Yes! GE is great: over $20, extremely liquid, and the specialist doesn't need to play games to make a market.
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    any recommendation about thick stocks for new traders?

    what??? Every day I personally trade a little over 1% of the volume of a 10M shares/day nyse stock...my style is to scalp (obviously) and I could never succeed without high liquidity. There are many reasons to trade thick stocks, but the most important is that you can usually get out quickly if...
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    Tape reading

    I've spent the last year at a prop firm tapereading nyse stocks...yes, time and experience is the best teacher. Keep in mind that it is also important who you watch/trade. Each specialist has a different syle--some use the tape trick traders into buying or selling, others are honest in revealing...
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    What's The Fastest News Service?

    sure...how 'bout this 'good luck with your business, especially seeing how it doesn't interfere with mine' God The Father
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    nx order

    assuming the bid/ask is >100, nx orders only work if your order is at or below the bid and at or above the offer; otherwise it automatically becomes a limit order and is treated like one... Also, a partial nx becomes a limit order. Keep in mind that the specialist can turn off this function...
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    What's The Fastest News Service?

    I know we can never be ahead of insiders, but being caught on the wrong side of a news story that comes out intra-day can cause some real pain--ignorance is NOT bliss when a nyse stock starts gapping down 50 cents at a time and you dont know why. I'm in a prop office and all of our execution...
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    ECNs

    I trade listed at Bright and use ISLD, ARCA, and REDI ecn's regularly...talk to your manager or redi tech if you need more information on getting enabled for this. once enabled, you'll see the ecn's in your redi-plus.
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    Post your prediction for the Dow!

    Just like in the 70's, we'll probably be in a trading range for many years...eventually the popular buy and hold investor mentality will give way to bonds and t-bills as the stock market will go nowhere but sideways--with a few false starts perhaps.
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    Traders beware island scam

    I see this happen about once a week: the specialist's clerk makes a typing error that looks like the market has been spread by $1 on the bid or ask...eg, 26.15 X 26.20 temporarily becomes 26.15 X 27.20, then quickly returns to the previous quote...you know its probably an error because it...
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