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Pastimes : Ask Wayne Really Stupid Questions

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To: c.horn who wrote (55)9/19/1999 8:42:00 PM
From: Wayne Rumball  Read Replies (2) of 123
 
hmmm, I'm supposed to be answering the supid questions, but I have one that needs to be answered....

Why do MM's screw people over with market orders?

Is it because they are greedy? Do they make more $ by making more $?

Or do they make the same amount of $ if the make their company rich or poor?

Or are they simply sadists?

When filling a market sell at .50 when the original bid was $2 what is the market maker thinking? Does he feel good when he goes home for the weekend? Does he tell his wife "hey honey, guess what, some idiot put in a market sell and I screwed him over so bad I made several 1000 $"

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