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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Steve Misic who wrote (20478)	7/16/2004 10:54:02 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 48461

MSO $10 calls up big, on the tush tap.. These 'Martha Stewart moments' are the way to play the current market, like those YHOO & INTC plays, hit fast & hard & book the gain. Amazing, being able to short a index rally on expiration Friday. The ppt is losing it's touch..... There seems to be no depth to the current market, and the ppt is letting the helium out s-l-o-w-l-y, like that old boil the frog saying... The massive selling in the big caps the past few days is telling... I trade through buds/locals that are members of the x-changes. FYI, the cso is laying off 10% of it's staff, check it out> Chicago Stock Exchange lays off 21, cites volume slide The Chicago Stock Exchange has laid off 21 employees, or about 10 percent of its workforce, in a cost-cutting move attributed to a drop in trading volume. "We have an obligation as an exchange to get our expenses and staffing levels in line with reduced activity," said Chief Executive David Herron. "Luckily, we're able to take advantage of enhancements in technology. Realistically, people are not as busy with less activity, so we're forced to look for opportunities to combine jobs." Herron said the decision, which employees learned about Tuesday from an internal memorandum, was "tough but it's just the economic reality in the entire marketplace." During the first six months of the year, the average number of daily trades fell 13 percent, to 119,830, when compared with the same period a year ago. The average number of shares traded each day slid 10 percent, to 100 million. The layoffs were announced less than a month before Herron is set to give his board a demutalization plan. The board could consider it on Aug. 5. The exchange is considering a switch from an organization belonging to its 450 members to one owned by stockholders. The Chicago Board of Trade is considering a similar move, but its efforts have been hampered because the CBOT has different membership classes, which has led to legal clashes over how to divide ownership of the exchange. The Chicago Stock Exchange would not face such problems because there are no different member classes. Ultimately, the members and the Securities and Exchange Commission would have to approve a demutalization plan. Byt he way,