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Tasuki

Squawk Box?

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I Like this service. However, there are plenty of fake outs. Example. When Ben announces that Merrill just bought a whole bunch of contracts I dont really find that to be really reliable. Its kind of like an after thought. What I do find useful are the times when Ben doesn't specify an institution. For instance, When I hear something like 6 even bid at 300 I generally will get into a short trade. Or like 50 times at five is a good time to short also.

 

Rick

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I Like this service. However, there are plenty of fake outs. Example. When Ben announces that Merrill just bought a whole bunch of contracts I dont really find that to be really reliable. Rick

 

Rick,

Someone who knows the pit said that it' a pity that Ben can't see the Goldman Sachs trader. I have also observed that Merrill is oftentimes not on the right side of the market, but apparently the GS trader is much more savvy. I think this has been pointed out to Ben before, but I'm not 100% sure.

Taz

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