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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Dan Duchardt who wrote (7820)12/12/1999 9:18:00 PM
From: Dave O.   of 12617
 
< When a stock falls 10% or more in 10 minutes or less on light volume, that's not the daytraders driving the market. It's the MMs trying to sucker you into dumping your stock cheap ... >

Dan,

So true. I watched Friday as a longer term holding of mine dropped just under 10% in 10-15 minutes on maybe 10,000 shares, when average daily volume is 600-700K. The fact that MM's often only show 100 shares anymore adds to the volatility as stocks can rip thru multiple levels in the blink of an eye. But I love the increased volatility we have these days as it creates more opportunity for making decent money intra-day. And I like nothing more than making my money early on and then heading out to enjoy the day.

Dave
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