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  1. iceman1

    new option cancel fees for IB

    EXCELLENT points... exactly right CBOE faxed me some documents this morning. Will review them and see if they shed ANY light on their reasons. I doubt there are "legitimate" reasons beyond what we heard on this board about some abusers. IF I changed orders more than a certain number of...
  2. iceman1

    new option cancel fees for IB

    Truer words were never spoken... if traders do not complain to CBOE and to SEC/Congress etc. then we deserve what we get. The public/retail/off-floor traders DO provide liquidity. But I respect the right of MMs to trade on the floor and make markets. I'm willing to take that challenge. But...
  3. iceman1

    Modification/Cancellation fees are illegal

    I take my hat off to you for standing up and trying to make a difference... go ahead and contact the SEC
  4. iceman1

    new option cancel fees for IB

    ABSOLUTELY true what you state... I talked with the CBOE today trying to determine why these fees were allowed in the first place back in 2001. And it's obvious that somehow these guys think they are doing off-floor traders a favor letting them trade options in the markets they make... when...
  5. iceman1

    Modification/Cancellation fees are illegal

    so brother corvus.. you think changing an order form 9 to 8.90 justifies charging a fee. If so why did they never do this in the past 18-20 years. Why? People gotta be able to recognize ethical breaches and greed when they see it. The off-floor traders are their bread and butter. Without...
  6. iceman1

    new option cancel fees for IB

    ditto as to how mnay forget the other side of options transactions... shhhh.... let's keep it that way.
  7. iceman1

    new option cancel fees for IB

    A line of atack on this would be the exchanges' inequality in setting cancel fees since we're dealing here with options.... for example, brother A gets the same cancel fee to cancel a 50 lot order on SPX, as brother B is charged for cancelling a 1-5 lot. I know there are judges, juries and...
  8. iceman1

    new option cancel fees for IB

    Maybe the exchanges would be happy if no one (or less) traded options... and just "gave" them a certain % of monies in any given brokerage account. Like a yearly stipend for the honor and privilege of "public" off-floor access to the U.S. options exchanges! Geeez... I thought all were supposed...
  9. iceman1

    Financial Media (TV)

    think you should add Briefing.Com real-time to your poll... I subscribe to that... and have it up during the day. I check in with Bloomberg and CNBC before the bell... as well as some online sites. Ice:cool: p.s. when weekend arrives... it's GF, friends, sports, cinema, theatre...
  10. iceman1

    Trader characteristics

    funny.... I was born and raised in the US, but I agree with you completely! Was thinking the same thing when I read it. Some people ain't got a bigger perspective on life... and to put that quote from that joker is an example of that! Regards, Ice :cool:
  11. iceman1

    Motherload of QQQ puts

    Trajan... check out the volume on the QAV PUs 253K (OI 31K) .5/.10 Last .10 I:cool:
  12. iceman1

    Do we trade against" dumb money "or " smart money" ?

    Was just discussing this with another trader... was easier in the days when everyone was a pseudo-trader. Lot of those guys been weeded out. Now mostly the "creme" or close to it.. is left.
  13. iceman1

    EBAY

    I think that's the ticket... collar it. I do that a lot if I think it's warranted by downside target. Not in EBAY yet.... but watching for sadaam to eat a bullet first (and maybe they auction it off on their site). Then after earnings... maybe a blowoff and reversal for a short entry...
  14. iceman1

    The Surf Report

    "Well..... life all comes down to a few moments. This is one of them!"
  15. iceman1

    BBY

    Thanks... I think that means go long... :D Hmmm... what to do? Ice :ccol:
  16. iceman1

    50 Day Moving Average

    EXTremely laughable... Ice:cool:
  17. iceman1

    50 Day Moving Average

    What an un-insightful and narrow-minded response! And... you just signed up for ET in March!? Give me a break. So let's see now... anything beyond a day is "investing", in your brilliant analysis?!
  18. iceman1

    The Surf Report

    GreenDog... "you see that building over there? I bought it three years ago. My first real estate transaction. I sold it ten months later and made $800,000 profit. It was better than sex. At the time it was all the money in the world. Now it's a day's pay."
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