GS.....I agree with what has been posted, he can be very tricky but the worst one of all for me is KSS...this guy is a nightmare, he holds orders and then spreads up and down without reason, he is truly a monster
Any reason why the NYSE specialist system shouldn't be eliminated in favor of an electronic exchange? NEW YORK (CNN/Money) - With the New York Stock Exchange reeling from recent scandals, calls are mounting for the world's largest stock exchange to revamp its trading system . . . http://money.cnn.com/2003/10/14/markets/instinet_markets/index.htm BOSTON (Reuters) - Fidelity Investments, the largest mutual fund company, is pressuring the New York Stock Exchange to replace floor traders with computers, saying the centuries-old system hurts investors . . . http://biz.yahoo.com/rb/031014/financial_nyse_fidelity_8.html Shake up the NYSE specialist system or drop it . . . http://news.ft.com/servlet/ContentS...y&c=StoryFT&cid=1059480476608&p=1012571727285
All the financials. They will beat you and then spit in your face. Merril is one of the worst. I've never seen anyone so obviously rip you off and not care if you know it or not. He as well as other specs got a License to steal.
yes on KSS.... and he neer shows any soze on the b/a when hes jumping around, soo its impossible to hit a b/a ive seen him move almost 1/2 point 1x1 all teh way down but if you can get a good fill this is $$$$$$
FRE did the same thing to me one time ...i.e. moved the stock a point 1 x 1 and wouldn't let anyone get in or out except his buddies and himself!!!! if he did that to a floor broker they would have punched his lights out. i hope that he is one of the specialist the sec is watching because he is 100% crook!!!!!!
How do you guys really KNOW what is going on down there? All these big cap stocks are slaves to the S&P 500....which giggle around all day due to the programs........
GS.... That bitch sucked today , and the specialist can blow me with those fills, didn't feel like the same guy today.... well at least the SOX won.
http://money.cnn.com/2003/10/16/markets/nyse_traders.reut/ NYSE slams traders Five firms told they face disciplinary action, fines for practices said to hurt investors. October 16, 2003: 5:09 AM EDT "The exchange said the firms sometimes traded inappropriately ahead of customer orders. At other times, a specialist had customer buy-and-sell orders on the electronic order book that should have been executed with or against each other, but instead the specialist traded for the firm account to the disadvantage of the customers, the NYSE said."
This thread is a bad idea. What's wrong with you people? Trading is war! Why would you want to tell other traders where the good specs are? If you were stranded on an island with 3 strangers and you found a good fresh water hole, would you tell everyone where it was? Go ahead, start slinging mud at me...I can take it.