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Re: WinLoseOrDraw post# 326807

Thursday, 11/25/2004 8:32:07 PM

Thursday, November 25, 2004 8:32:07 PM

Post# of 704047
Arbitrage programs are only about 11% of all program trades reported on the NYSE by the member banks.

WLD, It seems that we have been through this exercise before. I think I am going to pass on any further discussion about this with you. We certainly do not agree on this and I see any further debate as pointless.

I wish you luck with your arbitrage program trading strategy.

Joe

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