View Single Post
  #3  
Old 11-05-2007, 12:00 AM
ItalianFX ItalianFX is offline
Senior Member
 
Join Date: Nov 2005
Location: 3 Weeks to Freedom
Posts: 4,808
Default Re: Finally got a hold of my friend who works for the CME!

That was back in Fall 04, Spring 05 and so I don't even know if he still does that. I'll ask and see if he still does that whole setup.

He used to go through a few and be able to tell if it was good or not. I couldn't understand how he saw what he did, but i do remember him telling me that he has looked at a ton of charts and he just got the hang of it.

He would tell me about a stock and say he thinks it's going to go up, and sure enough it did.

He bought the CME at IPO at $42. It was near $200 when he told me about it, and he had 300 shares. That was like a $30k gain right there. I think he averaged in. I would bet he is still holding CME. He also bought VLO on the 50/100 crossover and it soared.

Specifically, I am just looking to pick his brain. I asked him for some insights from the CME for trading. I can't remember the exact questions, but he should get back to me fairly quickly - meaning a day or two.
Reply With Quote