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Chapter Twenty-Two
Mark Kelsey:
Back to the Futures Pit, but Without the Lobster |
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Mark Kelsey and I first met when he was a trader at the Mid-America Commodity Exchange. Mark not only works with customers but also trades for himself. He has both pit and broker experience. |
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Neal: How did you get started in the business? |
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Mark: I started out at the Kansas City Board of Trade. The Value Line was just taking off, and I was a phone clerk on the trading floor. After the crash of 1987, the Value Line dried up and it was time for me to move on. I decided that I had to be where the pot was boiling, so I left Kansas City and headed to the source of commodities, Chicago. |
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Neal: So what did you do? |
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Mark: I started pounding the pavement, and eventually I was offered a job with Pru-Bach as an assistant in their options trading group. I hated it. To me, futures were fast and exciting, but options were slow and methodical. Naturally, it wasn't until years later that I realized just how much I had learned about op- |
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