Posted: Thu May 15, 2008 6:17 pm Post subject: Re: I'm honestly freaked out
BigTex wrote:
btu2012 wrote:
BigTex wrote:
I think he got a job and is working inside now.
You mean inside a Wall Street company ?
Btu
I will let him answer that.
Yeah I work on wall street, I'm more in the bows with the data machines though, not a trader or anything like that. Truth be told most the people in these places are rather dumb when it comes to the larger picture or having any deep understanding of the market (as most all the jobs in these places are focused towards a small piece of a multi-compartmentalized aspect of the company's business).
Anyhow, I may be on the street soon as more layoffs are coming. Might not be a bad thing as I've been thinking about taking a break and maybe a permanant one from NYC. _________________ Just look at us. Everything is backwards; everything is upside down. Doctors destory health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and religions destroy spirituality.
Joined: Dec 08, 2004 Posts: 1583 Location: Nez Perce Nation
Posted: Thu May 15, 2008 6:22 pm Post subject: Re: I'm honestly freaked out
mmasters wrote: "Yeah I work on wall street,"
Ah, I use to have an office at 55 Water St and then at Merril Lynch's data center on Houston. _________________ "Modern Agriculture is the use of land to convert petroleum into food."
-- Albert Bartlett
"It will be a dark time. But for those who survive, I suspect it will be rather exciting."
-- James Lovelock
Posted: Thu May 15, 2008 6:48 pm Post subject: Re: I'm honestly freaked out
DomusAlbion wrote:
mmasters wrote: "Yeah I work on wall street,"
Ah, I use to have an office at 55 Water St and then at Merril Lynch's data center on Houston.
Awesome. What are you up to these days? _________________ Just look at us. Everything is backwards; everything is upside down. Doctors destory health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and religions destroy spirituality.
Joined: Dec 07, 2005 Posts: 1857 Location: Australia
Posted: Thu May 15, 2008 6:58 pm Post subject: Re: I'm honestly freaked out
Quote:
Yeah I work on wall street, I'm more in the bows with the data machines though, not a trader or anything like that. Truth be told most the people in these places are rather dumb when it comes to the larger picture or having any deep understanding of the market (as most all the jobs in these places are focused towards a small piece of a multi-compartmentalized aspect of the company's business).
Interesting. I myself implemented trading systems for banks and funds in Sweden and Switzerland just when the stock exchanges went electronic. My impression was the same, the traders themselves have no clue. They are the same as the floor/pit traders in the manual markets. i.e. they just carry out orders from the runners. Behind them are always some team of analysts that have some idea, but anyone can be a trader. (Heard that in England they had a lot of former rugby players as pit traders, just so they could muscle their way through and do the transaction. ) _________________ Lets take a ride, and run with the dogs tonight
In suburbia
You cant hide, run with the dogs tonight
In suburbia
- Pet Shop Boys
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