market crash of 1987

Discussion in 'Trading' started by NYSEtrader123, Jan 21, 2006.

  1. 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
     
    #31     Feb 12, 2006
  2. Buy1Sell2

    Buy1Sell2

    false
     
    #32     Feb 12, 2006
  3. Borsellino, aka "Lucky Lewie", made about $2 million in 1987.
    Following year he made $95k.
     
    #33     Feb 12, 2006
  4. ?
     
    #34     Feb 13, 2006
  5. Buy1Sell2

    Buy1Sell2

    There are numerous discrepancies in your pork belly scenario that a seasoned professional like myself can pick out. Story is false.
     
    #35     Feb 13, 2006
  6. 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
     
    #36     Feb 13, 2006
  7. Buy1Sell2

    Buy1Sell2

    No, I would prefer not
     
    #37     Feb 13, 2006
  8. 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.
     
    #38     Feb 13, 2006
  9. :D (The Grinning Korean)
     
    #39     Feb 15, 2006
  10. Moreagr

    Moreagr

    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?
     
    #40     Feb 15, 2006