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[rummages around end-of-trading-day "toolkit"] Mmm, let's see... Three Sagas #5, half a box of Charatan Coronas - ah, here you go:

[picks jaw off floor] Spot on. Very few people know, or formulate this. Give that man a cigar.

I don't normally trade equities, so this may be a somewhat basic question. Please bear with me ;-) Over the last few weeks I've followed the soap opera that is SCOX (disclosure: I'm short) and a thought struck me: At any given time there must be at least a few dozen companies on Nasdaq...

Ah. Not being on a Reuters feed I didn't know that. Right, in that case it does reek of early release of embargoed numbers. Hm. Maybe Reuters *is* worth the money. :p

Were they usually on the first Friday of the month as well ?

You misunderstood. He'll write the COMMENTARY beforehand. Two pieces. One saying "number went up, everybody surprised, here's why", another saying "number went down, everybody surprised, here's why". Then when the number does come out he'll plug it in, send one article and delete the other.

I would expect that the wire services write commentary both ways, park it, and then release the one that fits the facts a few seconds after the news, so the length of the story shouldn't work as an indicator in this context. AFAIK some numbers also go out early to the wires under embargo and...

Seems to me that the proper capitalist way to react to these advance orders is to ride on their coattails. Seriously, this has happened two months in a row now - I'll watch for it next time and jump in. Nothing wrong with following the smart money.

They SPAM by email and lie about having asked for it, as SPAMMERS always do. My recommendation: Stay well away.

Being relaaaxxed, not saying "hey, I must catch this, NOW", but instead: "ho hum, that's interesting". Not watching trades tick by tick. Looking at the largest time frame consistent with my appetite for risk - and not trading if in that time frame there's too much noise. Learning to...

Bingo - now that explains the wide spreads in what looks like an otherwise liquid market. Thanks for the explanation.

I think I get it now. You think that I looked at some quotes, said, "OK, these look good, let's undercut them by a tick and see what happens." I wasn't quite as slapdash as that. Nor as much of a n00b (or so I'd like to think, but I'm sure someone will correct me if I'm wrong). There's a...

Hm. I must say I'm a little surprised at the open hostility here. Perhaps I missed something when phrasing my original message. I do have a plan in the sense that I formed a view of the market WRT near-term volatility and direction, and I'm trading based on that. I also have a plan for when...

Just trying out a few things selling Bobl and Schatz options, and I'm having a hard time getting filled. Example: The bid-ask spread in Mar strike 106.2 Schatz calls is 0.03, I make the best ask. Nobody bites. The only trades that go through the market are volatility trades, recognizable...

Thank you, that makes it a lot clearer.

Well, my questions are quite simple to begin with: 1. As I understand it, to open or close a position you specify it the same way as a futures trade on any other exchange, except that instead of a prompt month you give a prompt *date*. Right ? 2. The quote data available from the LME...

Hello all, Are there any traders here who trade speculatively (i.e. not as hedgers, producers or end users) on the LME ? I'm trying to get to grips with that market and find it a little baffling to begin with...