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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Cush who wrote (4890)8/20/2002 12:41:26 PM
From: Jim Willie CB  Respond to of 89467
 
the major difference with that YAZ guy on CNBC was...

those guys in the Comex and Merc pits are REAL REAL EXPERTS

Santelli on bonds, stocks, dollar
Kamidjian (sorry for spelling) on same
YAZ on same

stock editors are a dime a dozen, and 80% wrong
pit participants are a different breed of professional
when they are wrong consistently, they lose their jobs
no such thing as longterm buy/hold in futures
you miss, you lose big
you miss a few times in a row, you might lose all the money
you miss consistently, you are fired

I always listen to the pit crew
they dont talk much, are badly stressed
but their words are sometimes priceless
/ jim