[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: re-rebuttal / Re: metrotrash / was Re: Fwd: Harry Bingham - On The Economist, Daewoo, European Credit, EdwardChancellor, etc



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2014.210" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2>I have found the most efficient way to get rid of unwanted 
e-mail and never received it again is to go into messages and click on, block 
sender. I did this the first time I received an e-mail from metropol and have 
not received one since.Happy trading. </FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  scheier </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A href="mailto:hallocd@xxxxxxxx"; 
  title=hallocd@xxxxxxxx>Hallock</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Cc:</B> <A 
  href="mailto:trdoptions@xxxxxxxxxxx"; title=trdoptions@xxxxxxxxxxx>Larry 
  Muir</A> ; <A href="mailto:realtraders@xxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxx>RealTradersList</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, September 26, 1999 1:20 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> re-rebuttal / Re: metrotrash / 
  was Re: Fwd: Harry Bingham - On The Economist, Daewoo, European Credit, 
  EdwardChancellor, etc</DIV>
  <DIV><BR></DIV>Hallock wrote: 
  <BLOCKQUOTE TYPE="CITE">You have a delete button - why don't you use 
    it?&nbsp; Those of us that are able <BR>to glean worthwhile information from 
    these letters shouldn't be denied the <BR>opportunity.</BLOCKQUOTE>So who's 
  denying you the opportunity?&nbsp; You're free to subscribe or purchase any 
  newsletter or product from any advertising you wish.&nbsp;&nbsp; The question 
  is: Is this a forum for newsletter self promotion?&nbsp; If so, then when did 
  it change?&nbsp; If it has changed, then let's open up the doors and let them 
  <I>all</I> in.&nbsp; If we try very hard, we might even be able to find one or 
  two that are even worse than Metropole.&nbsp; Then we can ask the list's 
  sponsors to change the name of this list to news.investors.misc.&nbsp;&nbsp; 
  Oh.&nbsp; Wait, that name is already taken.&nbsp; Well, I'm sure we can think 
  of another. 
  <P>Yes, I'm also as free to hit the delete button there as well as here, but 
  then I know what to expect at news.invest.misc, don't I.&nbsp;&nbsp; And I'm 
  also free to throw away the National Enquirer from my door step every night, 
  but like this forum, I don't want my doorstep cluttered up with the kind of 
  trash that insults my intelligence.&nbsp; If I wanted it, I'd subscribe to 
  it.&nbsp;&nbsp; I suggest you do the same. 
  <P>Apparently, you feel the people at Metropole deserve <I>your</I> 
  money.&nbsp; So why don't you give it to them.&nbsp; I'm sure there's a table 
  waiting there with your name on it. 
  <P>Mark Scheier <BR>&nbsp; 
  <P>Hallock wrote: 
  <BLOCKQUOTE TYPE="CITE">You have a delete button - why don't you use 
    it?&nbsp; Those of us that are able <BR>to glean worthwhile information from 
    these letters shouldn't be denied the <BR>opportunity. 
    <P>Sincerely, 
    <P>Pete Hallock 
    <P>-----Original Message----- <BR>From: scheier &lt;scheier@xxxxxxxxx&gt; 
    <BR>To: Larry Muir &lt;trdoptions@xxxxxxxxxxx&gt;; RealTradersList 
    <BR>&lt;realtraders@xxxxxxxxxxxx&gt; <BR>Date: Friday, September 24, 1999 
    12:58 PM <BR>Subject: metrotrash / was Re: Fwd: Harry Bingham - On The 
    Economist, Daewoo, <BR>European Credit, EdwardChancellor, etc 
    <P>&gt;So these blatant solicitations by this bullshit metrocafe group to 
    join <BR>their <BR>&gt;newsletter service continue.&nbsp; Why are we being 
    bombarded by this?&nbsp; This <BR>kind of <BR>&gt;trash belongs on 
    news.investors.misc.&nbsp; Who are they kidding.&nbsp; Gold is just 
    <BR>&gt;another commodity.&nbsp;&nbsp; Lot's of us were long the silver 
    market on the triple <BR>&gt;inside day break out a few days back and took 
    profits as it hit the gap. <BR>Big <BR>&gt;deal.&nbsp; It's just another 
    chart.&nbsp; If silver breaks out of its current flag, <BR>I'll <BR>&gt;buy 
    it again.&nbsp; No need to polute one's opinion with such trash as this. 
    <BR>Begin <BR>&gt;to treat gold and silver like they have some special magic 
    and you're <BR>doomed as <BR>&gt;a trader.&nbsp;&nbsp; These pitiful gold 
    misers have been losing money all they way <BR>down <BR>&gt;crying like 
    liberals being voted out of congress.&nbsp; Now the market finally <BR>turns 
    <BR>&gt;around and they want to say "I told you so".&nbsp; The spite these 
    people seem <BR>to <BR>&gt;have for Martin Armstrong is by itself a tip-off 
    that they can't be <BR>trusted. <BR>&gt;Some funds are always short at 
    bottoms, that's why we have short covering <BR>&gt;reversals.&nbsp; The tone 
    of their analysis implies they have some moral high <BR>ground <BR>&gt;and 
    that the rest of the financial community has been out to get them. <BR>This 
    <BR>&gt;they call market analysis.&nbsp; I got your tables. What a bunch of 
    fags.&nbsp; I <BR>thought <BR>&gt;this group was called RealTraders. 
    <BR>&gt; <BR>&gt;Mark Scheier <BR>&gt; <BR>&gt; <BR>&gt;Larry Muir wrote: 
    <BR>&gt; <BR>&gt;&gt; of interest to some <BR>&gt;&gt; <BR>&gt;&gt; 
    &gt;From: LePatron@xxxxxxxxxxxxxxxxxxx <BR>&gt;&gt; &gt;To: 
    trdoptions@xxxxxxxxxxx <BR>&gt;&gt; &gt;Subject: Harry Bingham -&nbsp; On 
    The Economist, Daewoo, European Credit, <BR>Edward <BR>&gt;&gt; 
    &gt;Chancellor, etc <BR>&gt;&gt; &gt;Date: Wed, 22 Sep 1999 16:03:16 -0400 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;Le Metropole members, <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt;The erudite Harry Bingham has served commentary at 
    <BR>&gt;&gt; &gt;the Kiki Table that covers the waterfront on a <BR>&gt;&gt; 
    &gt;variety of related subjects. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;"The 
    Economist" <BR>&gt;&gt; &gt;"Daewoo" <BR>&gt;&gt; &gt;"Korea" <BR>&gt;&gt; 
    &gt;"The European credit markets" <BR>&gt;&gt; &gt;"credit overall" 
    <BR>&gt;&gt; &gt;"Edward Chancellor - "Devil Take the Hindmost" <BR>&gt;&gt; 
    &gt; <BR>&gt;&gt; &gt;Today's gold market action from Midas: <BR>&gt;&gt; 
    &gt; <BR>&gt;&gt; &gt;Gold roared out of the box today, opening strongly. We 
    <BR>&gt;&gt; &gt;learned this morning from a bullion dealer that 
    <BR>&gt;&gt; &gt;"Hannibal Lecter" (Goldman Sachs) was in their selling 
    <BR>&gt;&gt; &gt;yesterday like they had never seen. 8,000 contracts was 
    <BR>&gt;&gt; &gt;the number on Comex alone. <BR>&gt;&gt; &gt; <BR>&gt;&gt; 
    &gt;Today, they handed the baton off to fellow "Hannibal," <BR>&gt;&gt; 
    &gt;Chase Bank, that took on all comers early up to the <BR>&gt;&gt; 
    &gt;$265.30 level, basis the Dec. contract. The locals were <BR>&gt;&gt; 
    &gt;all foaming at the mouth to get short and they did. <BR>&gt;&gt; 
    &gt;Trapped short! - as they had to cover late when gold <BR>&gt;&gt; 
    &gt;refused to break going into the close. December Comex <BR>&gt;&gt; 
    &gt;gold finished at $265.40 - up $3.60. <BR>&gt;&gt; &gt; <BR>&gt;&gt; 
    &gt;The only reason gold did not finish higher was that <BR>&gt;&gt; 
    &gt;"Hannibal Lecter" showed up offering 2,000 Dec. contracts <BR>&gt;&gt; 
    &gt;at $265.50 on the close. He was taken out. Then he <BR>&gt;&gt; 
    &gt;offered another 1,000 contracts. It was late in the <BR>&gt;&gt; &gt;day 
    and that worked. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;The open interest only 
    went down 4700 contracts yesterday. <BR>&gt;&gt; &gt;The market was looking 
    for a 10,000 drop in the open <BR>&gt;&gt; &gt;interest on Comex (this past 
    year the open interest <BR>&gt;&gt; &gt;often dropped 10,000 contracts on a 
    $2 rally). That is <BR>&gt;&gt; &gt;BULLISH as new buying came in. That is 
    what we have <BR>&gt;&gt; &gt;wanted to see for some time. <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt;We also received feedback this session that producers 
    <BR>&gt;&gt; &gt;were buying the back months and covering some hedges. 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;The physical gold market is on fire. The 
    gold market <BR>&gt;&gt; &gt;fundamentals have not changed in two days. They 
    were just <BR>&gt;&gt; &gt;as bullish two days ago when most of the 
    mainstream <BR>&gt;&gt; &gt;gold analysts were telling you how bearish the 
    gold <BR>&gt;&gt; &gt;market was. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;The 
    only change in the past two days is PERCEPTION. <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt;It is of interest to me that word is now spreading about 
    <BR>&gt;&gt; &gt;the gold market exposure of hedge funds because they have 
    <BR>&gt;&gt; &gt;borrowed so much gold to finance their trading operations 
    <BR>&gt;&gt; &gt;and investments. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;The 
    Cafe has alerted you for weeks that we have heard <BR>&gt;&gt; &gt;that just 
    4 hedge funds (Soros,Tiger,Armstrong and Moore <BR>&gt;&gt; &gt;Capital) may 
    be short 30 to 50 million ounces of gold. <BR>&gt;&gt; &gt; <BR>&gt;&gt; 
    &gt;Yesterday, I reported further confirmation of Tiger's <BR>&gt;&gt; 
    &gt;short gold postition from a good source. You might recall <BR>&gt;&gt; 
    &gt;I mentioned how nervous this Tiger investor was because <BR>&gt;&gt; 
    &gt;Tiger is short gold. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;I also suggested 
    that it would be only a matter of <BR>&gt;&gt; &gt;time before some hedge 
    fund sharks stepped up to <BR>&gt;&gt; &gt;the plate to take on the 
    vulnerable hedge fund shorts. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;Awhile 
    back, I pointed out that the highly regarded Tudor <BR>&gt;&gt; 
    &gt;operation was buying thousands of December gold options with a 
    <BR>&gt;&gt; &gt;$260 to $265 strike price. That trade looks awfully good 
    <BR>&gt;&gt; &gt;today. Yesterday, Tudor was a big buyer of futures. 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;One of the new top guns at Tudor, Dwight 
    Anderson, just <BR>&gt;&gt; &gt;happens to have been a big wig at Tiger 
    until very <BR>&gt;&gt; &gt;recently. Hmmmmm. <BR>&gt;&gt; &gt; <BR>&gt;&gt; 
    &gt;It is Cafe time. Make a reservation if you have not done <BR>&gt;&gt; 
    &gt;so and check in for a full membership. The party is <BR>&gt;&gt; 
    &gt;just starting. <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;&lt;A HREF="<A 
    href="http://www.lemetropolecafe.com/scripts/products.cfm";>http://www.lemetropolecafe.com/scripts/products.cfm</A>"&gt;Le 
    <BR>Metropole <BR>&gt;&gt; &gt;Cafe&lt;/A&gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; 
    &gt;All the best <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt;Bill Murphy <BR>&gt;&gt; 
    &gt;Le Patron <BR>&gt;&gt; &gt;www.LeMetropoleCafe.com <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
    <BR>&gt;&gt; <BR>&gt;&gt; 
    ______________________________________________________ <BR>&gt;&gt; Get Your 
    Private, Free Email at <A 
    href="http://www.hotmail.com";>http://www.hotmail.com</A> 
  <BR>&gt;</P></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Sep 26 22:07:25 1999
Return-Path: <owner-realtraders@xxxxxxxxxxxx>
Received: from ml.nw.verio.net (ml.nw.verio.net [204.202.220.47])
	by purebytes.com (8.8.7/8.8.7) with ESMTP id TAA07413
	for <neal@xxxxxxxxxxxxx>; Sun, 26 Sep 1999 19:55:30 -0700
Received: (from majordom@xxxxxxxxx)
	by ml.nw.verio.net (970819888) id TAA23330
	for realtraders-sendemout; Sun, 26 Sep 1999 19:34:48 -0700 (PDT)
Received: from mail1.nwnet.net (mail1.nwnet.net [192.220.251.8])
	by ml.nw.verio.net (970819888) with ESMTP id TAA23317
	for <realtraders@xxxxxxxxxxxxxxx>; Sun, 26 Sep 1999 19:34:42 -0700 (PDT)
Received: from mail3.mia.bellsouth.net (mail3.mia.bellsouth.net [205.152.16.15])
	by mail1.nwnet.net (970819888) with ESMTP id TAA03242
	for <Realtraders@xxxxxxxxxxxx>; Sun, 26 Sep 1999 19:34:35 -0700 (PDT)
Received: from host-209-214-0-190.mia.bellsouth.net (host-209-214-0-190.mia.bellsouth.net [209.214.0.190])
	by mail3.mia.bellsouth.net (3.3.4alt/0.75.2) with SMTP id WAA10733
	for <Realtraders@xxxxxxxxxxxx>; Sun, 26 Sep 1999 22:32:19 -0400 (EDT)
Received: by host-209-214-0-190.mia.bellsouth.net with Microsoft Mail
	id <01BF086F.499A3C20@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>; Sun, 26 Sep 1999 22:34:25 -0400
Message-ID: <01BF086F.499A3C20@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
From: Levent Erbora <erbora@xxxxxxxxxxxxx>
To: "'Kohath'" <kohath@xxxxxxxxxxxxx>,
        "Realtraders@xxxxxxxxxxxx"
	 <Realtraders@xxxxxxxxxxxx>
Subject: RE: Real Time News Service
Date: Sun, 26 Sep 1999 22:30:50 -0400
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 8bit
X-MIME-Autoconverted: from quoted-printable to 8bit by ml.nw.verio.net id TAA23318
Sender: owner-realtraders@xxxxxxxxxxxx
Precedence: bulk
Status:   

Hi Kohath,

Thanks for your response. I agree that both Dow and CNBC leave a lot to be desired when it comes to breaking news.
Actually, when a news item appears on the Dow wire, it signifies the end of the play for most daytraders :-)
And it is truly a rare occasion when CNBC breaks an original or exclusive news item. The best things about watching CNBC though,
are the "Joe Kernan" plays and the daily guest (company CEO's, etc.) appearances. It is a sheer pleasure trying to anticipate which one of that day's "hot stocks" Joe Kernan's going to mention in his regular segments and participate in the lightning fast spike and the consequent and inevitable fade that follows after even the briefest mention :-) Recently, Tom Costello is gathering up a good following too. Shorting a guest's stock right at the instant he shows up for the interview is also a very reliable play :-)

Anyway, what I had in mind in my original query was company specific news (earnings, warnings, mergers, deals, agreements, etc.)
rather than general market moving news, and no tv will be good enough for that.

Regards,

Levent


-----Original Message-----
From:	Kohath [SMTP:kohath@xxxxxxxxxxxxx]
Sent:	Sunday, September 26, 1999 8:09 PM
To:	Levent Erbora; Realtraders@xxxxxxxxxxxx
Subject:	Re: Real Time News Service

Dow Jones is pathetic if you are looking for real time news.  So is CNBC.  I
use Bloombergs.  Was anyone watching when CNBC announced for the first time
that MSFT's pres had said technology stock prices are absurd.  Bloombergs
reported it 1 hour before the market tanked!  I don't know how many times
CNBC get's Pisani on there, saying, well, gee, the market tanked 2 hours ago
because of !!!  From what I have heard the CNBC'rs have their money in Index
Funds, and Hate to announce any bad news.  I used to watch CNBC, but have
recently changed to Bloomberg's and I think they are LESS biased to the up
side, still biased, but not so strong to the point they will deliberatly
delay or completly ignore bad news.

----- Original Message -----
From: Levent Erbora
To: Realtraders@xxxxxxxxxxxx
Sent: Sunday, September 26, 1999 1:45 PM
Subject: Real Time News Service



As a full-time private stock trader, breaking news plays are very important
for me.
Unfortunately though, the "real time" news headlines I get through my quote
provider PC Quote is a total joke. Their feed is through Comtex and Dow
Jones, and there is always a delay of at least 5 to 20 minutes after the
news actually breaks. The best resource I could find on the web is
Newsalert, they do a pretty good job and very comprehensive and free, but
even they are delayed by 2 to 5 minutes I would say (where even a 1 minute
delay means thousands of $$$). So my questions are as follows:

What do the real professionals use as their news feed? Reuters? Bloomberg?
What are the costs associated with these? Does one need a special terminal
and dedicated feed? Are there any REAL real time resources on the internet?

Thank you in advance for any info and/or insight.

Best regards,

Levent

 << File: ATT00003.htm >>