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Non-Tech : MB TRADING

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To: Joseph H. Leiti who wrote (3367)1/15/1999 9:32:00 PM
From: scanshift  Read Replies (1) of 7382
 
I never recommended for readers of my post to Joe Leiti to buy PC Quote. I have received some private posts where traders bought it based on my comments about it. My comment was that I saw that Joe was a fan of PC Quote, and being familar with PC Quote I made some comments about them. I do not own PC Quote, and at this point in time have no intention of buying them. The "only" recommendation I have ever given during my 5 months on Silicon Investors was to buy Jan 20 DBCC calls when they were trading 1 1/2 back on January 5th. They traded in the mid 20's earlier this week. On January 11th I put up a post on the DBCC thread saying I was out of my DBCC calls. As a matter of fact, I ended up fading DBCC by selling some Jan 30 calls for 15 3/8 on the open on January 12th and did some scalping of DBCC only from the short side after that.

Anyway, Joe why in the world if you only do 5-7 trades a week are you not at a firm such as Yamner where they can really work an order for you and get you that extra 1/16th or 1/8th? I thought you were doing hundred's of trades a month, not just 5-7 trades a week.

Check out the Yamner thread on SI, maybe you will learn something.

Subject 15612

As I said to you in my prior post, I am going to consistently make new comments on this MB Trading thread and I could care less what you think.

As long as MB Trading is with Terra Nova I will post on this thread. I hear that in the near future they are breaking away from Terra Nova, and when they do, I will post on another thread.

You point out my battle. I have been fighting my battle through the Securities & Exchange Commission, and at this time that is how far it has progressed.

Now I understand why I receive so many private messages. Because people do not want to have to put up with the abuse from Funk and Mack. I do not put you in that category, but with some work you will get there.
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