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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: xstuckey who wrote (2141)12/19/1997 8:36:00 PM
From: steve goldman  Respond to of 4969
 
Well, to be honst Xstuckey, we probably hate him because we envy him. These guys get the other side of the trade, almost riskless and get to try to make an 1/8 or 1/4. I think Chris said he average's a 1/4 markup. That means he just goes at it, buys the stock, takes his average price and marks it up the 1/4. To be honest, doesn't sound like they need that much skill since it is a riskless transaction. Nonetheless, I am sure they are some of the best of the lot.

reading what Chris wrote about how he works trades and what they charge, market up, made me feel great about the kind of work we do for clients.

Regards,
Steve@yamner.com



To: xstuckey who wrote (2141)12/19/1997 8:38:00 PM
From: steve goldman  Read Replies (1) | Respond to of 4969
 
As well, I think he just changed it because I had sent him an email (which he never returned) at an aol address. I don't have it here at home but its in my outbox at the office. It definately was an aol address since I know that Don also mailed him. He must have recently changed it.

In no way did I mean to scare him off, but he has to do things right or he could lose his job. If this scared him, it should have. None of us would feel good if he came on here one day saying, "sorrry, I can't post anymore because I have to get a job at Walmart because I lost my trader position for posting on here"

Regards,
steve@yamner.com