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NYSE specialist short position at record low


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#1 A-ha

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Posted 12 February 2007 - 11:54 PM

Are you shook up, are you nervous...

http://xtrends.blogspot.com

Edited by xD&Cox, 12 February 2007 - 11:56 PM.


#2 IndexTrader

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Posted 13 February 2007 - 12:20 AM

I'd say the role of the specialist has changed. When I buy or sell a NYSE stock, it doesn't necessarily trade on the NYSE. In other words, the specialist doesn't see all the order flow like he did back in the old days (when the specialist short sale ratio was more relevant). IT

#3 BigBadBear

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Posted 13 February 2007 - 01:56 AM

We are going to blast off buddy

#4 traderpaul

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Posted 13 February 2007 - 02:23 AM

I'd say the role of the specialist has changed. When I buy or sell a NYSE stock, it doesn't necessarily trade on the NYSE. In other words, the specialist doesn't see all the order flow like he did back in the old days (when the specialist short sale ratio was more relevant).

IT

Agreed.....Don't think they would not put up hedges.... futures or options.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#5 ken29

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Posted 13 February 2007 - 09:58 AM

I agree with IT, the whole dynamic of the market has changed since we have a new sheriff (goldman sachs) in town. :cry:

#6 A-ha

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Posted 13 February 2007 - 10:27 AM

I agree but this one is leaning very hard... I mean it is not a low reading, it is a record low... havent seen such thing in a while... Meanwhile we have OEX traders leaning to the bearish side as hard as it gets. Two extremes in opposite directions at the same time, makes an interesting couple.

#7 fib_1618

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Posted 13 February 2007 - 11:24 AM

I'd say the role of the specialist has changed.

To a point. Specialist's still have to create a "fair and orderly" marketplace. And as long as they can trade their own trading accounts in this same effort, I don't think I would "fade" those who actually merchandise the product being traded.

Fib

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