"The story is told that after he had been deported to Italy, Lucky Luciano granted an interview in which he described a visit to the floor of the New York Stock Exchange. When the operations of floor specialists had been explained to him, he said, 'A terrible thing happened. I realized I'd joined the wrong mob'" (1Ney, 8).
The New York Stock Exchange is not an auction market (2Ney, 86), though many investors still hold onto that image. It is a rigged market. Volume is an effect of price. Prices are controlled absolutely by the specialists, the 'market makers' in individual stocks. It was this discovery that led Mr. Ney to eventually give us small investors a priceless gift: enlightenment.
da boyz
Started by
da_cheif
, Apr 20 2007 09:32 AM
7 replies to this topic
#1
da_cheif
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#2
golden
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Posted 20 April 2007 - 09:33 AM
'A terrible thing happened. I realized I'd joined the wrong mob'" (1Ney, 8).
Indeed.
Who do you think funded the *seat* capital.
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#3
da_cheif
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Posted 20 April 2007 - 09:36 AM
i dont know....
'A terrible thing happened. I realized I'd joined the wrong mob'" (1Ney, 8).
Indeed.
Who do you think funded the *seat* capital.
#4
chris
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Posted 20 April 2007 - 09:38 AM
The New York Stock Exchange is not an auction market (2Ney, 86), though many investors still hold onto that image.
"There were only two people who were not allowed to be guests on NBC's Tonight Show during Johny Carson's reign: Ralph Nader and Richard Ney."
Very Brief Interview
#5
S.I.M.O.N.
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Posted 20 April 2007 - 09:43 AM
"da boyz" are affected by gravity just like anyone else, so its really not them controlling prices, but rather the effects of gravity on the group as a herd that drives prices higher or lower. So its really not much of a conspiracy at all, does make for some good cannon fodder though. 
*previously known as pnfwave
#6
da_cheif
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Posted 20 April 2007 - 09:50 AM
"da boyz" are affected by gravity just like anyone else, so its really not them controlling prices, but rather the effects of gravity on the group as a herd that drives prices higher or lower. So its really not much of a conspiracy at all, does make for some good cannon fodder though.
sez u......da boyz invented gravity......
#7
tommyt
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Posted 20 April 2007 - 10:46 AM
chief,,is this acuurate?
There were only two people who were not allowed to be guests on NBC's Tonight Show during Johny Carson's reign: Ralph Nader and Richard Ney.
#8
nimblebear
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Welcome to the Dark Side !
Posted 20 April 2007 - 11:09 AM
chief,,is this acuurate?
There were only two people who were not allowed to be guests on NBC's Tonight Show during Johny Carson's reign: Ralph Nader and Richard Ney.
I wasn't. That makes 3.
OTIS.
