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To: yard_man who wrote (22360)1/28/2005 1:26:14 PM
From: ild  Respond to of 116555
 
JibJab "Second Term"
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To: yard_man who wrote (22360)1/28/2005 1:55:24 PM
From: Knighty Tin  Read Replies (1) | Respond to of 116555
 
I disagree about too many commodity bulls. 1 out of every 30 brokers is licensed to deal in commodities. Most wire house branches funnel all futures orders through a broker in some other branch, and, in the case of one major firm in Houston, out of state.

Very few customer accounts can trade futures. Back in 1979, one third of all brokers had futures licenses. Until we can shift the focus away from the mantra of equities, fixed income and cash, which every broker is forced to recite several times a day and which CNBS thinks are the only investments, we are not overbulled in the area. They are not even close to being mainstream yet.



To: yard_man who wrote (22360)1/28/2005 1:56:01 PM
From: Knighty Tin  Read Replies (2) | Respond to of 116555
 
I agree with you and disagree about too many commodity bulls. 1 out of every 30 brokers is licensed to deal in commodities. Most wire house branches funnel all futures orders through a broker in some other branch, and, in the case of one major firm in Houston, out of state.

Very few customer accounts can trade futures. Back in 1979, one third of all brokers had futures licenses. Until we can shift the focus away from the mantra of equities, fixed income and cash, which every broker is forced to recite several times a day and which CNBS thinks are the only investments, we are not overbulled in the area. They are not even close to being mainstream yet.