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Re: goofyfoot post# 18

Tuesday, 12/05/2006 7:39:53 AM

Tuesday, December 05, 2006 7:39:53 AM

Post# of 32
Sorry to hear what happened, Fishsurfer.

In Monday's move (Dec 4th) we moved like CME and GOOG, big changes in stock price for the day.

Friend of mine went short the market last week. I was tempted too but he acted and is now hurting though I still agree with the sentiment on the market in general. But nothing has changed with respect to NMX, I still think this has good potential. When I run its ratios (ROA, ROE, etc) against its peers I don't see much that jumps out wrong.

Unlike competitors in trucking or air travel, in my opinion, exchanges aren't sufficiently exposed to their markets. There's room for growth and currently it's not a zero-sum game (i.e., competition between LME & NMX & BOT = more products + more revenue + profit for each one, not less. For now).

Thanks for the link, in exchange, here's one. This chap I follow and read regularly: http://bigpicture.typepad.com/comments/2006/12/dennis_gartmans.html

Long & strong.