market crash of 1987

I was long everything except Nov. Pork Bellys. I was sitting in the Trading Room at West Coast securities in La Hambra, Cal. trading penny stocks, OEX options, and various stock options. There was about 15 other traders sitting at the various Quotron machines also day trading, mostly options. Everyone except one Korean fella started buying the dip.By the time 11:30 rolled around 4 or 5 fist fights had busted out, and everyone wanted a piece of the grinning Korean. I reached into my lunch bag to get the sandwich my wife had made, but I just couldn't eat. I took the ripe tomato in my lunch bag and chucked it at the Korean. It missed and hit another Trader, which started another brawl. To make a long story short I lost my keister that day. If it weren't for the Pork Bellies I was completely wiped out. The Korean got his revenge that day for the Hat-Trick I scored over 35 years earlier at the Chosin resevoir.

...Rennick out
 
Quote from William Rennick:

I was long everything except Nov. Pork Bellys. I was sitting in the Trading Room at West Coast securities in La Hambra, Cal. trading penny stocks, OEX options, and various stock options. There was about 15 other traders sitting at the various Quotron machines also day trading, mostly options. Everyone except one Korean fella started buying the dip.By the time 11:30 rolled around 4 or 5 fist fights had busted out, and everyone wanted a piece of the grinning Korean. I reached into my lunch bag to get the sandwich my wife had made, but I just couldn't eat. I took the ripe tomato in my lunch bag and chucked it at the Korean. It missed and hit another Trader, which started another brawl. To make a long story short I lost my keister that day. If it weren't for the Pork Bellies I was completely wiped out. The Korean got his revenge that day for the Hat-Trick I scored over 35 years earlier at the Chosin resevoir.

...Rennick out
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false
 
Borsellino and many arbs bought about 2000 on the lows and the market rallied about 20 points in increments of 2-5 points at a crack. A relative of mine was long 200 coming in and bought 200 at the same levels as Lewis and still made money on the day after being down around 6 million early.
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Borsellino, aka "Lucky Lewie", made about $2 million in 1987.
Following year he made $95k.
 
Quote from William Rennick:

I was long everything except Nov. Pork Bellys. I was sitting in the Trading Room at West Coast securities in La Hambra, Cal. trading penny stocks, OEX options, and various stock options. There was about 15 other traders sitting at the various Quotron machines also day trading, mostly options. Everyone except one Korean fella started buying the dip.By the time 11:30 rolled around 4 or 5 fist fights had busted out, and everyone wanted a piece of the grinning Korean. I reached into my lunch bag to get the sandwich my wife had made, but I just couldn't eat. I took the ripe tomato in my lunch bag and chucked it at the Korean. It missed and hit another Trader, which started another brawl. To make a long story short I lost my keister that day. If it weren't for the Pork Bellies I was completely wiped out. The Korean got his revenge that day for the Hat-Trick I scored over 35 years earlier at the Chosin resevoir.

...Rennick out
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?
 
Quote from William Rennick:

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There are numerous discrepancies in your pork belly scenario that a seasoned professional like myself can pick out. Story is false.
 
Quote from Buy1Sell2:

There are numerous discrepancies in your pork belly scenario that a seasoned professional like myself can pick out. Story is false.
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I'd be more than happy to answer your professional doubts, I recanted a chaotic incident of a retail trading room getting wiped out. Would you prefer that I tell of one of my big wins, I've had a few.

...Rennick out
 
Quote from Buy1Sell2:

No, I would prefer not
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I would get into a Battle of Wits with you, but I wouldn't want to fight an unarmed man.

....Rennick out

ps. SWIISH, from the baseline, nothing but net.
 
Quote from William Rennick:

I was long everything except Nov. Pork Bellys. I was sitting in the Trading Room at West Coast securities in La Hambra, Cal. trading penny stocks, OEX options, and various stock options. There was about 15 other traders sitting at the various Quotron machines also day trading, mostly options. Everyone except one Korean fella started buying the dip.By the time 11:30 rolled around 4 or 5 fist fights had busted out, and everyone wanted a piece of the grinning Korean. I reached into my lunch bag to get the sandwich my wife had made, but I just couldn't eat. I took the ripe tomato in my lunch bag and chucked it at the Korean. It missed and hit another Trader, which started another brawl. To make a long story short I lost my keister that day. If it weren't for the Pork Bellies I was completely wiped out. The Korean got his revenge that day for the Hat-Trick I scored over 35 years earlier at the Chosin resevoir.

...Rennick out
More...
:D (The Grinning Korean)
 
interesting times i wish i was old enough to have seen this.


it would be nice if there is some video footage of the evening business news that day . anyone have a link?? or know where i can get one?
 
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