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  1. W

    Jokes

    It had to start
  2. W

    SFO Mag - The coming dollar crisis

    Good point. I guess I felt the article was 'timely' because it was 5 pages, not a book. And, it is very well written. But, yes, it is a rehash of everything we already know. Isn't everything?
  3. W

    SFO Mag - The coming dollar crisis

    Here is a link to John Hummel's web site. http://www.aisgroup.com/ click down to 'Gold strategy, begin tour here' to see his 20 page power point presentation on why gold is going up. Again - I am not a gold bug! Just thought this guy really has a handle on the markets. Almost...
  4. W

    SFO Mag - The coming dollar crisis

    Read this article - You cannot believe where he thinks gold will go. I am not a gold bug, I hate gold. But if he is right I am the damn fool. If the dollar is really worthless, and if you want to own gold, why wait?
  5. W

    SFO Mag - The coming dollar crisis

    The major thrust of this article is that foreign central banks have absorbed so many dollars that they will soon view the US debt obligations as larger than it is capable of repaying. Some event, an oil crisis or something unseen, can easily tip the unsteady balance that currently exists...
  6. W

    Observations on the NYSE specialist.

    I did. And I didn't.
  7. W

    Observations on the NYSE specialist.

    Wrong! Specalists carry monster positions.
  8. W

    SFO Mag - The coming dollar crisis

    Stocks, Futures and Options Magazine. The March issue is a must read! John R Hummel writes an article 'Can the present dollar system survive'? In it he describes the history of the dollar as the reserve currency, how it became the shaky reserve it is today, and the events that have led up...
  9. W

    Observations on the NYSE specialist.

    I agree with Mike. I unsubscribed on page 20 something and just clicked on tonight to see what was happening. God Almighty is Right !!! Maybe I can interject something positive here before I unsubscribe again. Check out the current issue of Business Week (March 6). You will find, on...
  10. W

    Any comments on this GM butterfly

    It's a tax trade - some large B/D is the other side. Their customer has a huge capital gain and will wait till Dec 29th and then take loss on losing side of trade by stepping into a straddle. I remember there were monster sized option trades on YHOO in the 250' -350's back in the heyday...
  11. W

    Observations on the NYSE specialist.

    This is driving me crazy - how do you unsubscribe to a thread? Never mind -- I found it !
  12. W

    Dont even think about Etrade

    You are right and you are wrong. Right - customer service very slow. But when you get them they resolve problems fast. If you need a lot of customer service -- then do not use them. I have been with Etrade for 4 years and have only had to deal w cust service a couple of times. Wrong -...
  13. W

    Observations on the NYSE specialist.

    Jim: Well said !!! His Q about pink sheet stocks is another example of his child like thinking process. While I agree with almost all of your comments, I do have to say that we often see similar activity on the part of NASD MM's and other players -- probably including you and me. Depending...
  14. W

    Observations on the NYSE specialist.

    Nasd MM's and large ECN traders are a lot more experienced AT THIS than the NYSE guys.
  15. W

    Observations on the NYSE specialist.

    I have attached a daily chart on F today. Shortly after 1:30, just after the stock had come from the 8.39/.40 level it looked like it was basing at the .36/37 level. B4 I entered my buy order at 8.36 i watched the ECN C (I think that is ARCA) enter and remove bids at 8.36 more that 10 times in...
  16. W

    Stock Swing Traders

    He is drinking again! - must be 6:00 PM somewhere
  17. W

    "Pentagon plans bomb blitz on Iran's nuclear sites"

    http://www.globalsecurity.org/wmd/world/iran/natanz-imagery3.htm It looks bad for world peace.
  18. W

    Stock Swing Traders

    I guess I now know the answer to my question. ( no fancy font)
  19. W

    Stock Swing Traders

    Coolweb – your last few posts make me think you have been drinking again! I have been following this journal for some time. This HCC call just looks like a Wm O’Neill or an IBD “breakout” call. I know, I know... you posted that you bought it just b4 earnings hit on the 9th and...
  20. W

    Are MM's quotes computer driven?

    Maybe not, at least not on this stock. Two weeks ago when I tried to sell, the stock was acting poorly. I would have been better off just hitting the bid because after I offered at their offer they pulled their bid (On this stock, size is usually about 500X500. Today, when the stock was...
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