NYSE Specialist - Stay or Go - vote here

[Hamlet]

Quote from RedManPlus:


You want to read the posts of the traders that trade low volume NYSE listed...
And interact with Specialists directly 50 times/day... and get cheated every day.
Those posts are ** almost universally ** very angry.


rm+

They must be trading that relatively small universe of stocks for a reason, don't you think?

 

[Hamlet]

Quote from zdreg:

as a trader you are interested in breakouts but the correct phrase in this case is broken down.

Geez, another example of how being consumed and engrossed by trading can be detrimental to the other arts.

 

[zdreg]

"

RedManPlus


Registered: Dec 2003
Posts: 124
03-29-06 12:50 PM



Quote from Hamlet:

There is a lot of heated debate on the specialist threads. It seems as polarizing as Roe v. Wade. I think the specialist haters are more vocal, while the more experienced astute traders quietly understand the former's foolhardy thinking. Here is the chance to vote.

The poll is broken out according to successfulness of voters.





HamletSpeak:

Someone that disagrees with you is guilty of "foolhardy thinking".

rm+"



zdreg:

on the basis of 1 sentence it seems that you come to the conclusion that Hamlet feels that someone who disagrees with him is “guilty of foolhardy thinking.” quite possibly hamlet is saying that those who want the specialist t o go are foolhardy in their thinking because they don’t how the specialist benefits the successful trader.


guilt or innocence is for another forum

perhaps the term "hamletspeak" will become part of the language
and you will get the credit

incidentally, what is the definiton of hamletspeak?

 

[trade4succes]

pretty simple, no? people who make their living on the specialist system say stay, others say go.

 

[Hamlet]

Quote from zdreg:


on the basis of 1 sentence it seems that you come to the conclusion that Hamlet feels that someone who disagrees with him is “guilty of foolhardy thinking.”

You certainly picked out an absurd comment from this thread, but not nearly as absurd as this (my personal favorite):

Quote from jimrockford:

People who suck at the NYSE tit should learn how to trade without depending upon a system of parasitic corruption. ......Old dogs who can't learn new tricks will get washed out of the business, but their cries are no reason to preserve an antiquated system of parasitic corruption, which jeopardizes investors, publicly traded companies, confidence in capital markets, the economy, and even the foundations of U.S. capitalism. ................I say that whatever you are doing with the NYSE, that you can't do elsewhere, isn't "real tradin'" at all.

 

[zdreg]

"You certainly picked out an absurd comment from this thread, but not nearly as absurd as this (my personal favorite):"

no matter how men can agree with one another they will always try to outshine the other.

jimrockford definitely has a unique writing style and is a welcome addition to this board especially since many posters give the notion of literacy a bad name.

 

[1000]

Quote from RedManPlus:

Just go to "nyse.com" and read the "Regulatory Actions"... by the NYSE against rogue Specialists.
If you have not done so... you cannot understand how things really work.
The Specialist firms get nothing more than a "slap on the wrist" for gross, continuing violations.

rm+

http://www.nyse.com/Frameset.html?displayPage=/press/1142334359913.html#05-169

http://www.nyse.com/DiscAxn/discAxnIndex.html

I agree with you, but the above looks pretty hefty.

 

[Hamlet]

Quote from zdreg:

"You certainly picked out an absurd comment from this thread, but not nearly as absurd as this (my personal favorite):"

no matter how men can agree with one another they will always try to outshine the other.

jimrockford definitely has a unique writing style and is a welcome addition to this board especially since many posters give the notion of literacy a bad name.

Literacy and eloquence are fine, but when lacking in objectivity and class, the speaker sounds like an ass.
(Hamletspeak)

 

[zdreg]

"Literacy and eloquence are fine, but when lacking in objectivity and class, you sound like an ass.
(Hamletspeak)

sounds like a successful formula for seducing women

 

[1000]

Quote from zdreg:

"Literacy and eloquence are fine, but when lacking in objectivity and class, you sound like an ass.
(Hamletspeak)

sounds like a successful formula for seducing women

Hamletspeak could be analogous to what the specialist does.

The specs are literate and eloquent in terms of their work, which is fine.

The thieving they do lacks objectivity and class, which likens the spec to an ass.

zdreg, are there any fit specialist women to seduce, or do we have to fade them for their crookedness?