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had a great quote by Jackie Stewart that I thought was right on but lost it so... Trust me, it was great. And right on.

notwithstanding what might have been an ulterior motive for writing the book (and I stress "might"), Livermore shot straight. That never goes out of style.

definitely. this economy would be soaring if we had to pay people $20 an hour plus another $5 an hour in benefits to make our blue jeans.

any useful store of wealth.

marty schwartz's interview in market wizards ii is also pretty good.

but it is about delegation. that's why it's so important to choose people who have integrity to run the company you own/chair/lead. it's also about leadership. and that's what a trial is for: to vet the facts about his culpability as a leader. further, and this has been said elsewhere...

:D have you ever had to delegate? not that the delegator is free of any responsibility, nor should he be ignorant of the overall strategy and means, but mice sometimes play when cats are away. hopefully we'll find out just how much hands-on the guy had. but count on this being...

I trade coffee futures in order to hedge my personal consumption.

candid as always...:eek:

oh, that was Duane I was thinking of that record "Eat a Peach..."

pit traders get filled, I think. that is a cool link, btw.

California looks like it is killing itself. It's a testimony to the strength of the productive people there that it survives its legislature. It pushed for natgas electrical generation despite evidence of decreasing domestic natgas reserves. The little bit I heard about The Crooked E...

great site. some of this stuff might be, shall we say, a bit "thin."

*sigh* another conspiracy? on the other hand, consider the case of EMLX, which I cited recently on another thread, as an example of what happens when there is no entity charged with the responsibility of making an "orderly" market.....

wouldn't take no for an answer. wouldn't acknowledge failure. probably wouldn't have broken up with _______. wouldn't let naysayers steal my thunder. paid attention to my instincts more. gone to church. well, you asked...

The short answer is EMLX, summer of 2000. It was a living example of what happens when there is no accountability in market-making. Nearly everyone -- shorts and longs -- who has involved in the trading of that stock on that day was stung badly by a) the rumor b) the disappearing market and c)...

fla is also fighting to keep a tariff in place, and brazil, with its cheaper labor, absence of environmental overhead, and probably a subsidizing gov't, is putting the *squeeze* on the fla citrus -- though fla citrus is an excellent product. it would stand to reason that higher interest rates...

i'm trying to get a fix how the industry will digest the changes we've seen so far & what it will mean for the exchange floors. in the long run, i suppose, the open outcry system will survive if it is ultimately viable; that is, if it hasn't been made obsolete. i have no doubt that the...

Thanks! :eek: :p ***** How about alternatives? Alternative exchanges? The ECN wave was a first salvo. The exchanges have survived those. How about some brainstorming on the next big thing?

viva la difference.