Clothes make a person as a Bentley makes a driver. If you believe my seiko is classless to a rolex then you have no clue. My bank account which is substantial, is used for freedom ...not to impress anyone.
Get bent loser.
What is the exact rule for shorting NASDAQ stocks.
I was told by an options marketmaker that there is not a shorting rule for NASDAQ stocks. Ie you can short any bid.
I maintain it must be at least an uptick bid or someone buying the offer to short NASDAQ stocks.
Maybe we are both...
Do you use on offer/bid to get out or do you hit/grab the first Offer/Bid above the .06?
Im thinking waiting for an offer/bid to come in would be the way to go...would not want to show hand or let specialist lean or front run your resting orders
In the pit you know who is buying/selling..ie Goldman a buyer or Cargil a seller. Some traders even pick off the hand signals from the phone clerks to the brokers, then front run.
In the pit you make relationships with the paper/brokers to help you out, look your way, give you the edge. Some...
Im sure there are "people" making over 250k a year doing Openings.
The comment was "Isn't it fair to say that today the Opening Only strategy doesn't produce the returns, with the ease, that it did even 5 years ago?
I believe this to be true.
Im not a huge cramer fan either...but I actually appreciate when he changes his mind. As a trader thats what we are programmed to do...no buy and hold here. No short and hold here for that matter.
BTW those fast money guys are doing fine without the show...Bolling make 10-15 mill a year...