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<DIV><FONT color=#000000 size=2>Hello everybody,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>In the FWIW dept, I closed my long CSCO calls
position at a 13% loss in the trade.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>This completes the CSCO feedback loop.
</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Regards</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>Gitanshu</DIV>
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</x-html>From ???@??? Thu Aug 27 15:25:07 1998
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Date: Thu, 27 Aug 1998 18:05:44 -0400
Reply-To: <ron@xxxxxxxxx>
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From: "Ron Dawes" <ron@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: RE: Listen Only Squawkbox
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Where is the website. If it was posted in a previous message, I missed it.
Thanks
> -----Original Message-----
> From: owner-realtraders@xxxxxxxxxxxxxx
> [mailto:owner-realtraders@xxxxxxxxxxxxxx]On Behalf Of William F.
> Nakielski
> Sent: Wednesday, August 26, 1998 4:29 PM
> To: RealTraders Discussion Group
> Subject: Re: Listen Only Squawkbox
>
>
> Hi Phillip,
>
> Guess I shot my mouth off too soon. I've been to LOS website, but never
> heard their service. I guess I was just working under the assumption they
> were the same. I stand Corrected :-)
>
> On the other hand Waldock's service is free and to me better than
> nothing at
> all. I guess I'm just to cheap to pay for something like that.
> What's nice
> though, about it, is you can see if there is a discrepancy between the rt
> quotes on the computer and what the guy is calling out.
>
> Prolific Profitable Trades to all,
>
> Bill N.
> Milwaukee -- (Not as sexy or exciting as Hawaii (Gary K.), but hey, we've
> got more beer! [|:-)]}
>
>
>
> -----Original Message-----
> From: Nixon(MLS) <mbjp57@xxxxxxxxxxxxxx>
> To: frt1000@xxxxxxxxxx <frt1000@xxxxxxxxxx>; RealTraders Discussion Group
> <realtraders@xxxxxxxxxxxxxx>
> Date: Wednesday, August 26, 1998 06:16 AM
> Subject: Re: Listen Only Squawkbox
>
>
> >Hi Bill, I would take issue with your comment that the only difference
> >between the Lind squawk and the LOS sqauwk is that Lind is Free. I found
> >Lind to be a very poor service relative to LOS. All the guys at
> Lind seem
> >to do is call out the bid/offer. They never give an idea of size traded,
> >how many people in the pit, whether the buyers/sellers are Locals or
> >Goldmans or whoever all of which you will get with LOS. I
> should not knock
> >Lind really as they are providing a free service but it did not
> add much to
> >my trading. LOS on the other hand is I believe worth the $100 a month as
> >it does provide all of the above. The sound quality I find to be better
> >also with LOS dedicated software.
> >
> >regards
> >
> >Philip
> >
> >----------
> >> From: William F. Nakielski <frt1000@xxxxxxxxxx>
> >> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >> Subject: Re: Listen Only Squawkbox
> >> Date: 26 August 1998 09:44
> >>
> >> RT's
> >>
> >> Just a note to the LOS thread. Lind Waldock has a similar service.
> >They
> >> have a guy on the floor who calls out the bid/ask and some sizes of the
> >> orders and by whom. You can hear the traders in the background. You
> >know
> >> when they are excited. You know when they get bored ,athough
> that hasn't
> >> happened too much lately :-).
> >>
> >> It's available over the internet and I've had the service for about a
> >year.
> >> As to downtime here, the only time is when the guy goes to lunch for a
> >half
> >> an hour. He does take small breaks throughout the day for a minute or
> >two,
> >> sometimes to answer the phone or to rest his voice. (It's hard to
> >imagine
> >> someone being able to keep going all day at his pace without
> losing your
> >> voice.)
> >>
> >> As to the echo mentioned in the previous post, it is the same
> here. And
> >I
> >> have used it with both of my ISPs, so I guess you'll just have to live
> >with
> >> it. That's just the way the Internet is.
> >>
> >> Other wise my comments are the same as the gentleman's post
> about Listen
> >> Only Squawk. I do like it.
> >>
> >> The only real difference between Waldocks service and LOS is the price.
> >> It's FREE (with an account). So I guess it's hard to knock it.
> >>
> >> Cheers,
> >>
> >> Bill
> >>
> >> ++++++++++++++++++++++++++++++++++++++++++++++++++
> >> -----Original Message-----
> >> From: Richard Josslin <oldfogey@xxxxxxxxxxx>
> >> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >> Date: Tuesday, August 25, 1998 08:25 PM
> >> Subject: Re: Listen Only Squawkbox
> >>
> >>
> >> >Dear Bob,
> >> >
> >> >Bob Hunt wrote:
> >> >
> >> >> Are there any users of the Listen Only Squawkbox out there?
> >> >
> >> >I've used it since May, and in July, I spent a day on the floor with
> >Jeff
> >> >Jacobsen, who owns and runs it.
> >> >
> >> >>
> >> >>
> >> >> If so, I would appreciate any feedback that you might be
> able to give
> >> >> me on a couple of issues;
> >> >>
> >> >> Have you found it to actually help your trading? If so, in what
> >> >> manner?
> >> >
> >> >Yes, primarily in learning the quality of the trading: who is trading
> >> >what size. Also, in learning when the data from my data provider (BMI
> >> >satellite) is lagging the market, which I've seen happen every now and
> >> >then, sometimes by over a minute (and there is no way to detect that
> >> >simply by watching the screen).
> >> >
> >> >>
> >> >>
> >> >> How do you receive it, via satellite or internet?
> >> >
> >> >Internet, at $100/month for 3-month intervals. I understand
> that after
> >> >the satellite quit several months ago, LOS has discontinued
> their use of
> >> >satellite feed, so now it is only available by internet
> ($100/month) or
> >> >telephone ($300/month).
> >> >
> >> >>
> >> >>
> >> >> How much downtime have you experienced with the system?
> >> >
> >> >Insignificant.
> >> >
> >> >>
> >> >>
> >> >> What kind of technical difficulties have you experienced? (I've
> >> >> noticed during my trial that an echo problem seems to occur now and
> >> >> then. Does this kind of thing happen frequently?)
> >> >
> >> >I too have experienced that and am switching to another ISP
> to see if I
> >> >can eliminate or lessen it.
> >> >
> >> >>
> >> >>
> >> >> Please feel free to make any other comments.
> >> >
> >> >I've been watching the S&P market tick by tick since '85 and Jeff
> >> >Jacobsen, in my opinion, is one of the saviest guys on the market that
> >> >I've met. After trading with LOS, I wouldn't want to trade
> without it -
> >> >it brings a whole new dimension to trading that is just not there with
> >> >only a screen.
> >> >
> >> >>
> >> >>
> >> >> Thanks in advance,
> >> >> Bob Hunt
> >> >
> >> >Sincerely,
> >> >
> >> >Richard Josslin
> >> >
> >
>
>
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