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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (140755)12/28/2001 12:08:27 PM
From: At_The_Ask  Respond to of 436258
 
Clowns.



To: ild who wrote (140755)12/28/2001 12:35:07 PM
From: Knighty Tin  Respond to of 436258
 
ild, Position traders at the big brokerage firms, otherwise known in accounting terms as "non-recurring losses." <g> These are the guys who are using the inflow from the short calls to set up all sorts of positions. They are very short term traders. They buy at the bid and sell at the offer at no commission, but their rarely achieved goal
is really to break even.