I'm Old Enough That...

Sega Genesis and Sonic the Hedgehog in the early 90s ...I'm pretty sure all the video games I played back then as a child caused me to have semi-ADHD.

That shit will warp your brain and personality development. There should be a label warning to parents about the possible health issues for young kids to play

 

It's amazing how little Liz Ann Sonders aged over the years. I remember the other lady who used to be on WSW all the time -- I believe she predicted the 1987 crash.

The late Marty Zweig was on all the time. The thing I remember the most about the show was that their stock picks were so stodgy. Always KO PEP GE or some grandpa stock.

 

Liz Ann, Gail Dudack, Diane Swonk (still see her on tv now and then) Bernadette Murphy, that bond guy with the glasses and bow tie...always enjoyed the show.

7pm Friday, rarely missed it.

 

James Grant

 

Elaine Garzarelli was the lady who used to come on Rukeyser's show who predicted the 1987 crash. She was pretty smart. She had a pretty good newsletter. It was mainly macro stuff. Jim Grant's newsletter was probably the best for credit issues.

 

pit traded big SP was $500 a point and traded in nickels

 

It was $250/pt when it was delisted in '21.

 

yes. I think as the index increased ticks went from 5 to 10 to 25 to 50. My timeframe was the 90s

 

Must have been before my time.

 

Me too, bought dish in 1986, and x86 Compaq, had to call Lind-Waldock, day margin for spoos was $25,000, $500 a point and traded in nickels at $25.

1978 was first trade in stock market of 100 shares of IBM, Commission was $125.

Go to library and copy microfilm prices of each day of grains so I could draw by hand charts. Did that for 20 years even though had computer few years later. Learned much doing by hand.

Early 90's S&P 500 margins cut in half to $12,500 and commissions went from $40 roundturn to $25, able to call floor.

1995 commissions went down to $12.50, had to keep in account more than $125,000 to do 10 lot.

Forgot year S&P cut in half to $250 a point and each tick was a dime at $25, margins becames $6500 and commissions were $10, had to double size for same bucks.

E-MINI came out to get smaller traders, my commissions actually increased to get same bang for bucks to trade Had to increase to 100.

Any time exchanges makes changes, it benefits them.

Am glad I learned in 70s/80s/90s as there was few books and no videos, learned by doing and backtesting. Way too much stuff out there now.