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Google does not have Microsoft "competitive advantage", so if we're comparing GOOG is not near MSFT on a fundamental basis. But 450-500 is very doable.

NYSE is slowly but surely going electronic. It's a reality, so reading the specialist prints is not a long term strategy. In fact, NYSE is trying to push the Hybrid by the end of the year to institutions. I will be surprised if they pull it off but it's apparent that it will be fully active...

Ditto The 2 min rule is not absolute, in times of overwhelming order flow or news they can do whatever. The idea makes sense since when tobacco or biotech news hit, thats serious action even for the more seasoned licensed thiefs but on average, NYSE abuses this rule when there is a large...

I cannot believe there are still shops out there preaching the outdated Open Book scalping. If they have not even mentioned the soon to be extinict tape reading, you are really in the wrong place. I suggest you go out there and learn a few other techniques cause that Open Book scalping game...

All the major sectors, steels, energy and particularly homebuilders have been making me a nice chunk of change by 12pm for the last 2 weeks. You cannot even trade those guys for 5-10 cents, so if dimes & nickels is what you look for, you're looking in all the wrong places. If you're having...

Posts like this are a good sign that the dumb money is starting to pile on into GOOG. Will be buying puts soon.

<5% of the first level entrants get to that point after at the very least 5 years. Obviously most here have no real clue about IB statictics as of AFTER the bubble. It's not what it's hyped up to be. Those days are over, expect McDonalds manager hourly wages for more hours than your body...

Plenty of ppl trade NYSE strictly by charts, news and/or sector action. They may or may not ignore the tape. As NYSE becomes more and more electronic, tape reading becomes less and less useful. Even now on many stocks it matters little what order flow the specialist has cause most of the...

try OATS as a competitor play. The healthy/organic food industry is an on and off hot sector. Check out LWAY a couple years back.

Yes most small traders are over arrogant in regards to this topic but their general idea is on the money. Most mutual & pension fund managers can barely keep up with the market averages but still get paid their nice compensation. Hence it does not matter to them, in good years they claim...

And sometimes a brand new fund can make 300% when the Nasdaq goes from 2000 to 5000. The mutual fund industry is just another game by Wall Street. There is no common sense in paying someone a management fee if they are just trying to slightly outperfom the averages and can't even do that...

I was gonna make fun of this post but I am assuming you mean a top tier ibank firm prop desk. Otherwise you must be very naive to think that a regular prop firm is hard to get into.

Dude, once again, I never said I disagree with the math behind it. You're just helping me prove my point, in a slightly more complicated manner. It's just common sense, the majority must lose for the minority to win. Did you really need Stanford to even try to figure that one out?

Why didn't you check out KCI? Just curious

Hehe, maybe the ones that did survive the first super squeeze.

Excellent call wags, as always.

Like I said, you're putting too much thought into it, the answer is simple. I do not necesarily disagree with the economic studies or the numbers that can break down the dynamics behind moving large capital, I just point to the obvious outcome. The markets are not academic and never will be...

This is a TRADER forum, not an INVESTMENT BANKER forum. But since you asked, the simplest approach is to go get your MBA and land an internship as a summer analyst while you're working on it. That would give you experience with which you can start working up into a solid equity research...

You're funny. The fact that you put that much thought into it shows that you do not fully understand. Yes I am being general and not absolute, of course there are a few select funds that are excellent even over long term. The average Joe Shmoe invests in the market through mutual funds &...

CC companies reserve the right to change rates without any reason. In general they will do it for a missed payment but they can also do it because they happen to view you as a higher credit risk based on your credit report.