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Re: Real Time News Service


  • To: "Levent Erbora" <Realtraders@xxxxxxxxxxxx>
  • Subject: Re: Real Time News Service
  • From: "Kohath" <kohath@xxxxxxxxxxxxx>
  • Date: Sun, 26 Sep 1999 20:04:59 -0700
  • In-reply-to: <01BF086F.4B09F8C0@xxxx-209-214-0-190.mia.bellsouth.net>

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<DIV><FONT face=Arial size=2>I think that you are right, probably more than you 
may know.&nbsp; I think that when the News hits the wires on Dow Jones that is 
the <U>Sell Signal </U>for those who have already entered the 
trade.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A 
href="mailto:erbora@xxxxxxxxxxxxx"; title=erbora@xxxxxxxxxxxxx>Levent Erbora</A> 
</DIV>
<DIV><B>To:</B> <A href="mailto:kohath@xxxxxxxxxxxxx"; 
title=kohath@xxxxxxxxxxxxx>'Kohath'</A> ; <A 
href="mailto:Realtraders@xxxxxxxxxxxx"; 
title=Realtraders@xxxxxxxxxxxx>Realtraders@xxxxxxxxxxxx</A> </DIV>
<DIV><B>Sent:</B> Sunday, September 26, 1999 7:30 PM</DIV>
<DIV><B>Subject:</B> RE: Real Time News Service</DIV></DIV>
<DIV><BR></DIV>Hi Kohath,<BR><BR>Thanks for your response. I agree that both Dow 
and CNBC leave a lot to be desired when it comes to breaking news.<BR>Actually, 
when a news item appears on the Dow wire, it signifies the end of the play for 
most daytraders :-)<BR>And it is truly a rare occasion when CNBC breaks an 
original or exclusive news item. The best things about watching CNBC 
though,<BR>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 :-)<BR><BR>Anyway, 
what I had in mind in my original query was company specific news (earnings, 
warnings, mergers, deals, agreements, etc.)<BR>rather than general market moving 
news, and no tv will be good enough for 
that.<BR><BR>Regards,<BR><BR>Levent<BR><BR><BR>-----Original 
Message-----<BR>From: Kohath [<A 
href="mailto:SMTP:kohath@xxxxxxxxxxxxx";>SMTP:kohath@xxxxxxxxxxxxx</A>]<BR>Sent: 
Sunday, September 26, 1999 8:09 PM<BR>To: Levent Erbora; <A 
href="mailto:Realtraders@xxxxxxxxxxxx";>Realtraders@xxxxxxxxxxxx</A><BR>Subject: 
Re: Real Time News Service<BR><BR>Dow Jones is pathetic if you are looking for 
real time news.&nbsp; So is CNBC.&nbsp; I<BR>use Bloombergs.&nbsp; Was anyone 
watching when CNBC announced for the first time<BR>that MSFT's pres had said 
technology stock prices are absurd.&nbsp; Bloombergs<BR>reported it 1 hour 
before the market tanked!&nbsp; I don't know how many times<BR>CNBC get's Pisani 
on there, saying, well, gee, the market tanked 2 hours ago<BR>because of 
!!!&nbsp; From what I have heard the CNBC'rs have their money in Index<BR>Funds, 
and Hate to announce any bad news.&nbsp; I used to watch CNBC, but 
have<BR>recently changed to Bloomberg's and I think they are LESS biased to the 
up<BR>side, still biased, but not so strong to the point they will 
deliberatly<BR>delay or completly ignore bad news.<BR><BR>----- Original Message 
-----<BR>From: Levent Erbora<BR>To: <A 
href="mailto:Realtraders@xxxxxxxxxxxx";>Realtraders@xxxxxxxxxxxx</A><BR>Sent: 
Sunday, September 26, 1999 1:45 PM<BR>Subject: Real Time News 
Service<BR><BR><BR><BR>As a full-time private stock trader, breaking news plays 
are very important<BR>for me.<BR>Unfortunately though, the "real time" news 
headlines I get through my quote<BR>provider PC Quote is a total joke. Their 
feed is through Comtex and Dow<BR>Jones, and there is always a delay of at least 
5 to 20 minutes after the<BR>news actually breaks. The best resource I could 
find on the web is<BR>Newsalert, they do a pretty good job and very 
comprehensive and free, but<BR>even they are delayed by 2 to 5 minutes I would 
say (where even a 1 minute<BR>delay means thousands of $$$). So my questions are 
as follows:<BR><BR>What do the real professionals use as their news feed? 
Reuters? Bloomberg?<BR>What are the costs associated with these? Does one need a 
special terminal<BR>and dedicated feed? Are there any REAL real time resources 
on the internet?<BR><BR>Thank you in advance for any info and/or 
insight.<BR><BR>Best regards,<BR><BR>Levent<BR><BR>&nbsp;&lt;&lt; File: 
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</x-html>From ???@??? Sun Sep 26 22:19:45 1999
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Date: Sun, 26 Sep 1999 23:49:40 -0500
From: Jerry S <zaz@xxxxxxxxx>
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http://www.kitco.com/gold.graph.html

Does this mean DXY is going to break 99 today?
If it does it could really shake things up.
Still long ABX & AEM.

Jerry