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I think WCOM's filing for Chapter 11 will cause a gap down. Unless it doesn't. :D

WCOM article in WSJ @ 7pm: WorldCom to File Bankruptcy, Wiping Out Common Holders By SHAWN YOUNG, CARRICK MOLLENKAMP and HENNY SENDER Staff Reporters of THE WALL STREET JOURNAL WorldCom Inc., the phone and data titan with $35 billion in annual revenue that shareholders once viewed...

If Greenspan had done his job and hiked margin requirements, the perceived 'need' for the PDT would never have arisen. Here is an excerpt from this weekend's Barron's: Yet, as we've tried to intimate (well, maybe a little more emphatically than intimate), Mr. Greenspan failed to discourage...

What you call "restructuring to maximize returns" I and others, call "manipulation". You can justify it by using whatever euphemism you like. The fact is that anyone can read the links that I posted and make up their own minds. I don't think we will get anywhere trying to convince each other...

0.005 + ECN fees http://www.tradewallstreet.com/ecnfees.htm

Personally, I love articles like that! and if they mention that 'shorting is risky because theoretically a stock can go up to infinity whereas a stock can only fall to zero if you are long...' That always puts a smile on my face. (Its almost up there with that little gem: "the market went...

Vinny, People have said "the trading isn't kosher", they have even posted proof that it isn't. But you simply ignore those posts. Here is the link to the posts that exposed shortboy.com as a total ripoff and a manipulator wrapped in a great marketing ploy (scroll down to TonyOz's post)...

I remember reading a glowing report on GENI on IBD just weeks before it was halted, investigated by the SEC and booted off the exchange. (due to manipulation by its majority shareholder, a holding company in Bermuda owned by Adnan Khashogi - the notorious arms dealer) If the WSJ, and Forbes...

Yow! That's cool. Where did you get that info?

http://www.ilx.com

Please excuse my ignorance but am I to understand that when a large order imbalance (much more buys than sells, for example) takes place, the specialist is obligated to take the price higher and higher...until s/he finds a price at which there are an equal number of buyers and sellers? Is...

I always wondered how Bush could sell +220,000 shares of a stock that trades on avg. 10,000 shares (and not affect the price). This explains a lot: http://www.boston.com/dailyglobe2/199/nation/Harvard_fund_poured_millions_into_Bush_connected_oil_firmP.shtml

The more you zoom out (in time frame) the more you will get a clearer picture of the movement attributed to underlying forces in the market/economy and the less to noise (traders, hedge funds, etc.)

You can find him here: http://groups.msn.com/EliteTraderUncensored/

Japan can make housing much more affordable by simply allowing land now owned by rice farmers to be re-zoned for residential/comercial use. Their rice farmers are notoriously inefficient (compared to other countries) but they take it as a badge of pride that Japanese rice is the best in the...

Brandon, just curious...did you keep watching UNH as it set up a short signal (traded below lod and closed gap)? The reason I ask is that the short was much more $$ than the long (using hindsight ofcourse!).

I forgot to monitor this after the formation of the little channel in June and look at it now! Well, I guess I learned a great lesson: keep tabs on previous trades just in case.

Washington Post came out with a very damning article on AOL accounting shennanigans which allowed the company to boost its revenue over the past two years to the tune of $270 million. Also it's CEO and director, Pittman, steps aside. Result? The stock, as well as the general market...

Perhaps you can gain insight into the US RE market by looking at the Cdn one. We've had our discount rate increased from a low of 3.75 to 4.25 right now in an orderly 25 bp increments. The RE market has responded a bit sluggishly. So far the stats coming in show a marked decrease in housing...

No need to log IPs, no need to give credit card info: http://www.elitetrader.com/vb/showthread.php?s=&postid=90921#post90921 This is doable. Every once in a while this joker comes here and totally disturbs everyone and takes the whole board for a joy ride. Problem is people have short...