DAYTRADING Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JB2 who wrote (1567)	7/6/1999 4:51:00 AM
From: Bilow	Read Replies (1) of 18137

Hi JB2; About those big piles of 1000 share trades... I've seen that happen on the ISLD book of AMZN around 4 or so times per day last week. Maybe it was this sort of action. As far as fooling anyone, I doubt it, at least on ISLD. Maybe they usually get their shares 1000 at a time by preferencing market makers, but use ISLD also. The pattern on ISLD is obvious as all get out. First a single 1000 share limit order, then about 4 more within a second or two. It's not a matter of faith that profitable high volume scalpers exist. I know for a fact they exist. I also know that they cannot continue to run their profits up because they end up with too much capital to manage. What they generally do at that point is to play longer term. -- Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next