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    NYSE 'investigation'

    Never said that..... just said it would reduce the friction in trading and lower my costs (slippage). You assume a lot.
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    NYSE 'investigation'

    Rtharp: it seems like we had this conversation before. I cannot figure out what your motivation is for wanting to preserve the current NYSE system. My motivation is to trade with the least amount of friction and lowest cost lost to the middle man in a competitive market environment – this...
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    NYSE 'investigation'

    For the last time: price improvement on the NYSE is just the specialist taking money out of your pocket and handing you back half and calling it "price improvement". On the whole, NYSE stocks are more liquid than Nasdaq. They would adapt well to an all electronic environment. GE would...
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    NYSE 'investigation'

    Here is a partial quote from a Wall Street Journal article, edited to meet the 1000 word limit. If you have had a similar experience you may want to write to the two WSJ reporters who give their email addresses at the bottom of the article. ___________________________ NYSE's...
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    NYSE 'investigation'

    Partial quote from today's LA Times: ____________________ "Specialists, who work at circular trading posts on the NYSE floor, are the dealers responsible for "making markets" in the stocks of the 2,700 companies listed on the Big Board. Their job is to keep the trading fair and orderly in...
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    NYSE 'investigation'

    From today's New York Times: _________________ "People close to the exchange said that traders on the floor had complained to exchange officials about how specialists were handling orders that came in electronically. These people said that the traders suspected specialists were...
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    specialist goin to the can

    Now is the time to write a letter to the NYSE and copy the SEC and your Congressman. Strike while the iron is hot.
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    specialist goin to the can

    Definently time to turn the NYSE into an ECN. Here is a partial quote from today's Wall Street Journal. NYSE Is Probing Specialists For Possible 'Front-Running' FleetBoston Financial Subsidiary And LaBranche Are Investigated By KATE KELLY and SUSANNE CRAIG Staff Reporters...
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    specialist goin to the can

    Here is a partial quote from the Financial Times Floor trader is removed amid probe by NYSE By John Labate, Mary Chung and Vincent Boland Published: April 16 2003 23:59 | Last Updated: April 16 2003 23:59 A floor trader responsible for buying and selling shares in General...
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    Turn the ECN's into the NYSE

    Yea.......just what we need - more friction and higher expenses.
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    Market harder for specialists

    Here is a partial quote from today's Barrons article.... THE PACE AND CHARACTER of stock trading so far this year has not been kind to the market's middlemen. Not only have share trading volumes trailed off, the higher turnover of low-priced stocks has hurt dollar volume even more. And...
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    Turn the NYSE into an ECN

    Price improvement is a joke by the NYSE on traders. It is taking two dollars from you, then refunding one dollar back as "price improvement". Its like the old retail scam where the store raises prices and then offers a "discount" off the higher price. Only a fool would think that the...
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    F-16 vs. Patriot

    I don't know if anyone saw this, but apparently an F-16 pilot decided that friendly fire works both ways. U.S. F-16 Jet in Friendly Fire Incident By NICOLE WINFIELD ASSOCIATED PRESS CAMP AS SAYLIYAH, Qatar (AP) - In a friendly fire incident, an American F-16 fired on a U.S...
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    [b]MILITARY POLL[/b]

    Mall Security Delta-Seal Commando Personal trainer to Steven Seagal
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    Today's Cancelled Trades <question>

    click on the bulletin button
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    Today's Cancelled Trades <question>

    Another example of the lack of effective arbing in the CME emini. The tick size should be reduced to .10 and the arbing between the emini and the pit should be done by CME computer spitting out orders to the pit.
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    Blowing Stops

    Once you have placed your bet and entered your stop - then get up and walk away from the screen. Its up to fate. Only return if it moves in your direction (increase your trailing stop or take profits) or to exit the position if you use a time stop. When you just sit there, sometimes you...
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    Anyone recognize these indicators?

    The one overlapping the price chart looks like slow stoch (5,3,3?). The bottom one, "$ERGOD", looks like MACD. Second to the bottom, "$DSS", looks like Walter Bresserts CycleTrader stochastics
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    Photon???

    What do you mean by GL? (general ledger?)
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    Soros - The bubble of American supremacy

    http://news.bbc.co.uk/2/hi/business/2594273.stm
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