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Pastimes : Richard Ney and the Wall Street Gang

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To: chartseer who wrote (462)7/19/1999 8:24:00 PM
From: Phil(bullrider)  Read Replies (1) of 492
 
Chart,

Front running occurs in the brokerage not on the floor.

I have read one of Richard's books and don't claim to be an expert.

If I followed Richard's message, he accused the Specialists (and MMs) of manipulation.

Are you suggesting that the manipulation is not by the Specialists or MMs but the large brokerage houses?

Or maybe that they might be tied together?

Please explain your comment.

I admit I am a "newbie" looking for answers.

TIA,

Have fun,
Phil
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