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The following end-of-week spiritual nourishment comes from tech-sol.net/humor/true.htm:

 

"In retrospect, lighting the match was my mistake. But I was only trying to retrieve my son's rat," a man told doctors in the severe burns unit of San Francisco City Hospital.

 

Admitted for emergency treatment after an attempt to retrieve the rat had gone seriously wrong, "My son left the cage door open so his rat, Vermin, escaped into the garage," he explained. "As usual, it looked for a good place to hide and ran up the exhaust pipe of my motorcycle. I tried to retrieve Vermin by offering him food attached to a string, but he wouldn't come out again, so I peered into the pipe and struck a match, thinking the light might attract him."

 

At a hushed press conference, a hospital spokesman described what had happened next. "The flame ignited a pocket of residual gas and a flame shot out the pipe igniting Mr. Stone's mustache and severely burned his face. It also set fire to the pet rat's fur and whiskers which, in turn, ignited a larger pocket of gas further up the exhaust pipe which propelled the rodent out like a cannonball."

 

Stone suffered second-degree burns and a broken nose from the impact of the pet rat. His son was grounded for 6 weeks. Nobody knows the fate of Vermin.

 

With that, I wish you all a safe and sane weekend and . . . . . be careful where you light that match!

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Goldman Sachs to Cut 20% of its Option Traders

 

As trading volume growth slowed over the past year - particularly from " retail" or individual investors whose orders are most coveted by floor traders - many specialist firms have also begun pulling back their operations at the option exchanges. Played out over time, traders say this could leave more option classes, especially the less heavily traded names, listed at fewer exchanges.

 

 

 

Nice to know how one is regarded by the Borkers, eh? :angry:

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Mark- Take a look at the summer of 74. I remeber the market going down day after day, and the tape barely moved at times. The 29-32 bear market also went down on declining volume. Volume only increased around the interim, and final lows.

 

I do not understand the thought that volume is necessary for a market decline. It just doesn't compute with me.

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Goldman Sachs to Cut 20% of its Option Traders

 

As trading volume growth slowed over the past year - particularly from " retail" or individual investors whose orders are most coveted by floor traders - many specialist firms have also begun pulling back their operations at the option exchanges. Played out over time, traders say this could leave more option classes, especially the less heavily traded names, listed at fewer exchanges.

 

 

 

Nice to know how one is regarded by the Borkers, eh? :angry:

I've had several instances where I placed an order for a very small number of options -- like 4 -- and placed it at the ask. Immediately the ask was moved up, even though the stock price stayed the same. I moved my bid up, same thing. Just gotta assume they get bored and/or just enjoy screwing around with the retail investor. May they rot you know where.

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