don - are you able to do that with reg SHO stocks as well? and do you allow (or discourage, i mean) your traders from jumping in the high % shorts such as OSTK or some of the stocks which have >40% short interest?
well, i went short this am.
1-3 day hold. if it runs in the pm, i'll cover a small bit. if it drops hard, i'll cover at least some, maybe more.
this huge volume today seems to mark today as the short-term top - tomorrow at the latest.
as others have said - trading with the big money is where it's generally at, unless *everyone* is on the one side of a trade. then it's good to carefully fade them.
my stock 'world' isn't generally populated by the big boys, and when it is, they're usually waiting to put on a huge position...
well, i went. dopey me forgot to write down what booth maverick was at. duh.
yeah, i should have posted something like "wear a dark blue sticker over your nametag, = ET" or something like that.
there's no ET booth, just a media partner or something like that.
lots o' stuff geared for...
well....i'll be down there sunday. black pants, white/brown striped shirt, and i'll be carrying a backpack. no facial hair.
i'll be in the vendors room from 1130-1230, and from about 4-530.
if anyone wants to take a trip to queens for lunch at one of the best thai places in the country...
depends on how big the gap is, and where the doji is. and how it closes (relative) to where it was 1 hour before.
in this case, it's closing higher than i'd like, so no, i'd not want to be shorting it. in fact (edit) it's probably as likely go up as down.
i'm not playing it either way.
if anyone cares, i'll be floating around there from around 10 am -130 and 3- 6 pm on sunday. hit up a panel, a couple booths in the marketers room, etc. and off to wd-50 afterwards...
hate to say it, but erin was part of the new group that represented cnbc's goal to replace some of their older anchors with younger, more photogenic ones.
the best part of the movement was getting tyler mathisen out of there. the worst was moving ted david...
to the best of my knowledge, still there at morgan stanley.
she did some good research way back when, before the internet was accessible to people outside of educational sources / government / research labs.
but that was a long time ago and she, like many others, escaped the wrath of most...
chood (are you of indian descent?) - i have a conflict because of what you say.
on one hand, i want (need?) more dumb money in the market. that's better for me.
on the other hand, i don't like sitting by quietly when people are misleading by implying they're great (and on this, i don't...
did blodget really lose his own money on tech stocks? i hadn't heard that.
but since it's become public (thank you, mr. spitzer!) that analysts often say things they don't believe, at the behest of their firms, it's pretty unfair for weidner to say "wow, he really didn't know anything"...
i trade with my own money (only) because i don't want the aggravation of dealing with other people's money, and my trading style doesn't translate to huge size.
and at the end of the day, i reap the rewards of my work.
i don't know if she's still married, but she was married to someone in the financial business.
found it:
http://query.nytimes.com/gst/fullpage.html?res=9B0CE6D71638F930A25755C0A96F958260
jonathan steinberg - son of saul steinberg.
well, for 10k for a winning week, or 1mm for the contest, that's worth a look.
you're allowed 50 trades/day. cool. you're allowed naz/nyse/amex only. fine.
then i read the fine print on the rules:
first, :
To be eligible for trading in the Contest, stocks must have a market...
ko reco'd nbix today.
what's different is that he owns it in his own account (duly noted in the article).
so he may have a harder time winning the contest, but at least he'll make some money for his own account.
first: i live within 90 miles of nyc, and will be taking public transportation (train) into the city.
it all depends on your level.
if you're a beginner, maybe one of the idea clicks and really helps you later on.
a couple book vendors are there and have a wide variety of books...
running - fox is better for that than cnbc. in both the attractive and cheerleading. but i think the last time i saw something on fox news was 6 months ago, so maybe it's changed.
i didn't like the cnbc staff movement, except for tyler mathisen, who i thought was awful at being on camera...