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Questions about NYSE
- Thread starter trader_XX
- Start date
Quote from jimrockford:
Many people have NYSE trading strategies which are successful, but which do not achieve their success as a result of the specialist system. Most of those strategies would be even more profitable if the specialist system were abolished.
Where is the proof of this claim?
Why do you keep ignoring this?
If you wish to maintain any shred of integrity you ought to show proof or retract.
Quote from Hamlet:
Faulty logic from my friend Rockford again.
Everyone reading knows that in any population, be it CEOs, police, doctors, lawyers, priests, schoolteachers, rabbis and even specialists that there will be some who will do wrong. This is the nature of humans and so it shall be until the end of time. Rockford keeps posting links to these old incidents all over ET. What is his point? He ignores challenges to his claims, and seeks only to obfuscate
If you had actually read the materials I posted, you would see that the government is not alleging that there are only a few bad apples in the barrel at the NYSE, as you seem to argue. You would see that the government is saying that the barrel itself is bad.
i'm not going to prove it for you, but i def take money out of listed in spite of the spec, not because of
lol
i get the whole tape thing, i feel when i'm particularly right because he's more fickle, etc
i'd still rather just get a clean quote. i don't need the damn specs help to inform a technical trade. he's a nuisance. imo 'tape reading' is a lame adjunct to a better signal
you guys are like the remoras on a shark. fuck the shark entirely and be one yourself in a pure market. ur just scared to lose him cuz he's all you got going for you
lol
i get the whole tape thing, i feel when i'm particularly right because he's more fickle, etc
i'd still rather just get a clean quote. i don't need the damn specs help to inform a technical trade. he's a nuisance. imo 'tape reading' is a lame adjunct to a better signal
you guys are like the remoras on a shark. fuck the shark entirely and be one yourself in a pure market. ur just scared to lose him cuz he's all you got going for you
Quote from jimrockford:
Many people have NYSE trading strategies which are successful, but which do not achieve their success as a result of the specialist system. Most of those strategies would be even more profitable if the specialist system were abolished.
OK.
Question #1. The "claim" you quote was my opinion. I have already filled this thread, and other ET threads, with evidence to support that opinion, but I don't think that I can "prove" it.
Question # 2. I often ignore your questions and comments because I find them to be idiotic. I'm not trying to be rude. I am just giving you the honest answer you demanded. If, in the future, I ignore your comments and questions again, you can just safely assume it is most likely because I find them idiotic. If you don't want to me to call your comments and questions idiotic, then do not demand explanations as to why I am ignoring them. Try to focus on the thread topic, instead of on me. OK?
Many people have NYSE trading strategies which are successful, but which do not achieve their success as a result of the specialist system. Most of those strategies would be even more profitable if the specialist system were abolished.
Quote from Hamlet:
Where is the proof of this claim?
Why do you keep ignoring this?
If you wish to maintain any shred of integrity you ought to show proof or retract.
OK.
Question #1. The "claim" you quote was my opinion. I have already filled this thread, and other ET threads, with evidence to support that opinion, but I don't think that I can "prove" it.
Question # 2. I often ignore your questions and comments because I find them to be idiotic. I'm not trying to be rude. I am just giving you the honest answer you demanded. If, in the future, I ignore your comments and questions again, you can just safely assume it is most likely because I find them idiotic. If you don't want to me to call your comments and questions idiotic, then do not demand explanations as to why I am ignoring them. Try to focus on the thread topic, instead of on me. OK?
Quote from jimrockford:
Quote from jimrockford:
Question # 2. I often ignore your questions and comments because I find them to be idiotic.
Perhaps then if you feel this way about being asked to back up certain statements or unsubstantiated claims then you ought not to be posting on a message board. By the way, opinions are usually preceded with "I think"
Quote from Hamlet:
Perhaps then if you feel this way about being asked to back up certain statements or unsubstantiated claims then you ought not to be posting on a message board.
I didn't make unsubstantiated claims. I have posted reams and reams of substantiation for my claims, in this and other threads. I don't think anyone else, debating NYSE on ET, has posted as much substantiation as I have.
I don't mind being asked to back up statements or claims or opinions. I just don't spend a lot of time responding to idiotic requests.
Why don't you stop fixating on me, and talk about NYSE instead? The thread topic is the NYSE, not jimrockford. Your fixation on me has ruined other threads. Stop ruining this one and talk about NYSE, or better yet don't post at all, but stop talking about me. Do you have the ability to generate your own original contributions, without reacting to mine?
Quote from jimrockford:
I didn't make unsubstantiated claims. I have posted reams and reams of substantiation for my claims, in this and other threads. I don't think anyone else, debating NYSE on ET, has posted as much substantiation as I have.
I don't mind being asked to back up statements or claims or opinions. I just don't spend a lot of time responding to idiotic requests.
I have not seen any substantiation in any of your posts which shows that most traders profitably trading NYSE stocks would be more profitable if the specialist system were abolished.
Quote from Hamlet:
I have not seen any substantiation in any of your posts which shows that most traders profitably trading NYSE stocks would be more profitable if the specialist system were abolished.
Suggest you immediately schedule an appointment with an ophthamologist and another with an Alzheimer's specialist.
You not only missed the evidence supporting my argument, you also once again managed to state it incorrectly. I never said that most profitable NYSE traders would be more profitable if the specialist system were abolished. I said that those profitable NYSE traders have a technique not linked to specialist inefficiencies would, in most cases, become more profitable. Those, like Bitstream, who depend on specialist inefficiencies as the source of their profits, will probably lose their trading capital, unless they learn new ways to trade.
Quote from jimrockford:
Suggest you immediately schedule an appointment with an ophthamologist and another with an Alzheimer's specialist.
You not only missed the evidence supporting my argument, you also once again managed to state it incorrectly. I never said that most profitable NYSE traders would be more profitable if the specialist system were abolished. I said that those profitable NYSE traders have a technique not linked to specialist inefficiencies would become more profitable. Those, like Bitstream, who depend on specialist inefficiencies as the source of their profits, will probably lose their trading capital, unless they learn new ways to trade.
It seems that idiotic personal insults are the best that you can offer here. I can go to yahoo if I wanted to read juvenile crap like that. I thought we were a better breed here. Obviously there are exceptions.
Again, you have not given any evidence supporting your argument that those profitable NYSE traders that have a technique not linked to specialist inefficiencies would become more profitable if the specialist system were abolished.