Death of the floor by Labor Day?

Anyone else see the article in the new Trader Monthly talking about the death of the floor of the nyse? It talks about the specialists packing up after labor day if they don't start making money. I sure hope this isn't the case. Anyone else have the scoop?

-Guru

 

What the hell else are them greedy SOB's going to do, I say the story is balderdash.

Rennick LiverNomore out

 

I sure hope the specialists don't pack it up. Long live the floor

 

are you kidding? i hate the nyse and can't wait for them to go all electronic.

 

I guess I'm old school (LOL). I really don't like the nascrack. I can't ever seem to find liqudity there...

-Guru

 

labor day, xmas day, whatever stick a fork in it. it is done.