Thursday, August 12
Travis McGee, while in flight, from The Deep Blue Goodbye, 1964:
"The worst thing about having a hundred and eighty million people is looking down and seeing how much room there is for more."
Posted at 16:42, GMT
The coil scanner picked up IDCC. InterDigital Communications cracked on Monday and its range has been contracting since... worth keeping an eye on.
IDCC, 15-min. Chart
Posted at 8:04, GMT
Hedge funds: now it's shark eat shark, by Louise Armitstead:
"James Chanos is the founder of Kynikos Associates, a New York hedge fund with $2 billion under management. Chanos, one of the first to spot the
accounting irregularities at Enron and Tyco, was also one of the first to take a big short position in Man Group."
Posted at 7:56, GMT
CBOT to Launch 100% Electronically Traded Gold & Silver Futures:
"Beginning OCTOBER 6, 2004, the Chicago Board of Trade, enters a new era in precious metals futures: ELECTRONIC TRADING of 100 ounce
Gold [ZG] & 5,000 ounce Silver [ZI] Futures."
Posted at 7:52, GMT
Don't Pay Up for These Untested ETFs, by Christopher Traulsen:
"Out of the nearly 150 ETFs that trade in the United States, Barclays Global Investors runs 94."
Posted at 7:48, GMT
NYSE Fines Citigroup, Wachovia, Schwab:
"Among other disciplinary actions taken by the NYSE, Charles Schwab Corp.'s Charles Schwab & Co. unit was fined $250,000 and
censured for associating with 55 people who were disqualified. The NYSE said 46 of the people were independent contractors
or temporary workers who provided services to the firm. Charles Schwab consented to the penalties without admitting or
denying guilt."
Posted at 7:38, GMT
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