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  1. P

    trading nyse

    im talking about the s & p futures, and the nasdaq futures. There are only 2 equity futures i think until they start trading single equity ones later on. You can use the nasdaq 100 or the sox, or any other large indicator, but they all lag to an extent.
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    trading nyse

    Every move in them on a 3 minute chart, or sometimes even a 1 minute chart. Every tick in the sp and nas futures, will have a corresponding move in the largest cap stox, especially the tech ones. So if hte nas futs go up 10 pts really fast, you can expect mu to go up a dime, maybe 20c. That's...
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    trading nyse

    I don't really know of any resource, but you just have to watch them. As for the futures traders, they are usually the largest stocks around. Watch emc specifically. He's always the last large cap stock to open each day, and he takes the other end of the move right before the futs top/bottom...
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    trading nyse

    can you tell me which post?
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    The Impact of Decimalization

    On thinner issues, if you show size, they'll lean on you, so unfortunately, I will have to show under 1k of a 4k position, and after im hit, I'll wait a few minutes and do it again, unless I can coax inca into comming up with size, and then smack him. But this serves me fine since im a swing...
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    trading nyse

    I think it's the same specialist all the time. This notebook i've been keeping has all the info, and a lot of it is over a year old, but the same specialists still have the same quirks. On days like july 4th, or new years day, most of the real specialists are in burmuda, so they have interns...
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    best broker?

    thanx rtharp
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    trading nyse

    Add rky to this list. Dustin will vouch for me on this. I've had trouble with this guy before, but today was out of hand. I'd file a complaint, but I don't know how. He wasn't honoring any of his quotes at all. AT one time, he was bid 1k shares each way .1 X .45, and trades were going off...
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    trading nyse

    Pyramid fading is when a stock is really tanking fast, so say it's down 5 pts already and it's bid at 45. You buy 500 at 45, 800 at 44.6, 1200 at 44.2, 1500 at 43.7, something like that, so say you accumulate 5k shares, your cost basis it 42.5 Then if it bounces 3/4, you are profitable (net) on...
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    nyse level ii

    I think that the datek streamer is free, and it should show you the best bid/ask and the size. But it's annoying to figure out which exchange is doing what. I used it for 18 months with decent success mainly trading nyse, so go figure.
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    best broker?

    I'm with cyber. I like them more or less, but their commissions are killing me. They normally take 700-1200 a day from me in amro commissions. .005 a share really adds up when you are swinging 2-5k+ at a time many times a day. Rtharp, I heard that echo has great software, is that true? Also, do...
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    The Impact of Decimalization

    I really love the decimalization. Especially on the under 10 dollar issues where before it would trade really thick teenies and i'd always execute against the spread, now the spread is less than 3c. When executing size, I also get much better fills on nyse market orders on thinner stocks. I go...
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    trading nyse

    I don't trade those active ones with the exception of amd. I really love amd. It trades with the futs, but the specialist just tries to pyramid fade it. Add pki to your list of stocks to never trade. He took 1500 from me, and about that much from dustin a few days ago. It was bid .1, and he...
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    great new pattern

    I'd bail on that aga. The bounce is over. Next stop is 0.
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    great new pattern

    The only one I took was nl I bought 1500 @ 12.4, 1300@ 12.5, 300 @12.3, 200 at 12.25. I sold all 3300 at 12.97 for about 2k gains. None of the others really seemed good to me by the morning.
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    great new pattern

    OK. One time only, I'm gonna post my entire play list for tomorrow after scans, regardless of volume. I'll then post after the close my entries and exits on the ones I played. Once again, this isn't an endorsement of any stock, so do your own dd. I may play all or none of these, so keep it in...
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    great new pattern

    sorry, but I've been out this weekend. FLY was great. I missed it. That's the stuff that I've honestly been playing. Where the volume and move isn't that great. If you're nimble, you can get 3/4 of the move. Unfortunately, something like FLY I would never be able to post here. I would probably...
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    great new pattern

    I don't like nui cause it really doesn't fit this pattern. It looks like news that caused it to sell off, but it's not oversold in the same way, and wont bounce as much. Poso is the next one im stalking, and it looks like autn is finally making it's move (about time). Poso is kinda crappy...
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    broken trades

    Ok, here's what happened to me today. I bought 3k of cls at just under 47 in the first few minutes today. After about a 1 pt profit, someone put in a bid for 2800 on island at around 73. Having a quick trigger finger, I whacked them and instantly had a 57k profit. It didn't even occur until...
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    great new pattern

    It has more than doubled in the last 2 days. As always, Im out way too soon.
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