Paul Tudor Jones

LOL....oh dear.
----------------------------------------------------
There were times when gold was locked in a $2.00 range for nearly an entire month. People did crossword puzzles to bide their time. One day, someone went downstairs and bought a blow up beach ball to "bat-around" in the ring until one of the floor officials got rid of it.
 
Quote from sheepsucker:

Could someone who got the files in time before they were taken down share them over PM?
More...
The video is still out there in the wild seek and you will find.
 
Quote from Landis82:

I was part of his small "turtle" trading group called Bellweather. I also was his floor broker on the COMEX for one year and every time I opened my mouth with one of his orders the "unit size" was good for 250 contracts.

I made a lot of new "friends" in the ring that way . . . But I also made some enemies from guys who thought that I was "bullying" the ring with his orders when I was doing my own trading.

But it didn't really matter.

I wasn't the only large broker in the ring back then. You had Mel Schnell's brokerage operation. Mel was the largest spread trader in gold and silver ever, back in the heyday. You had Bobby Moss who was the floor broker for Richard Dennis and C&D. You had Mark Belsanti who executed for Willis-Jenkins out of Chicago. You had Heinholz back then ( which later merged with Geldermann) and you also had a lot of Asia-Pacific orders flowing through the likes of floor broker's Charlie Federbush and Preston Semel. You also had the likes of large traders such as Mark Fisher and Mark Dickstein coming in and out of the gold and silver rings.

http://www.nytimes.com/1989/05/08/business/jury-acts-in-commodity-inquiry.html

Obviously, I came into the Comex about 6 years too late and the metals ( and gold and silver ) were totally DEAD except for maybe two months out of the year. If you didn't make your money during those two months, you were screwed. Talk about summer "duldrums"... There were times when gold was locked in a $2.00 range for nearly an entire month. People did crossword puzzles to bide their time. One day, someone went downstairs and bought a blow up beach ball to "bat-around" in the ring until one of the floor officials got rid of it.


:)
More...
You have no idea what you are talking about, Preston Semel Had 60-70% of all business going to the comex. That is why the gov't went after him. Plus he did richard dennis's biz, plus paul tudor jones, bruce kovner, george soros, merril lynch,Michael steinhardt, shearson, hunt brothers. But since you came 6 years too late i guess suffering the dead 90's is punishment enough.
 
Now we got the MemoryofPSEMEL and the GhostofCutten. :confused: What is next stay tuned..viewers

Quote from MemoryofPSEMEL:

You have no idea what you are talking about, Preston Semel Had 60-70% of all business going to the comex. That is why the gov't went after him. Plus he did richard dennis's biz, plus paul tudor jones, bruce kovner, george soros, merril lynch,Michael steinhardt, shearson, hunt brothers. But since you came 6 years too late i guess suffering the dead 90's is punishment enough.
More...
 
You must log in or register to reply here.
Back
Top