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Non-Tech : MB TRADING

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To: Dan Swartzendruber who wrote (2062)11/21/1998 10:32:00 AM
From: TraderAlan  Read Replies (2) of 7382
 
Dan,

No doubt his narration is presented from a point of view that only represents his interest. That's one reason I've asked him about current legal actions. Having been in claims management for 20 years before trading for a living, I've learned plaintiffs color information significantly to support their position.

Having said that, I've heard several industry "stories" about Terra Nova that raised the sleaze factor. Quite frankly, I've never known what to make of them. I have no grudge against Terra Nova and understand the financial industry is full of burnt deals and stabbed backs.

SI members with an interest in Terra Nova should use the opportunity of an insider here on the boards to question his details and facts in order to make their own decisions. But I wouldn't just dismiss him as someone with a grudge. Your broker/dealer, whoever it may be, should be acting in your interest at all times.

Finally, I'd personally like to hear more about principals allegedly trading against order flow <s>.

Alan
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