ECN Bogus Bids and offers, Manipulation BY MMs Message Board

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Non-Tech : ECN Bogus Bids and offers, Manipulation BY MMs

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To: M. Dion who wrote (45)	7/20/1999 6:15:00 PM
From: Silicon Trader	of 112

From the header....... .People who years ago would have bought and sold in thousand s of shares are forced to buy only a few hundred shares at a time or take huge gambles. I have never been forced to make one single trade in the last 24 thousand tickets or so :) have you ? The thread is a good idea, but the information should be used as leverage to trade from, not create all this maylay IMHO. I have always loved to discuss this topic with other traders, but not in the matter in which it is being presented on this particular thread. If people are not familar with these trading practices, they may like to watch a l2 screen on AOL----- NYS is very active with size, although i am sure anthony is refering more so to the extremely aggresive tactics being used on the NASDAQ exchange....... Hasn't anyone else ever flashed size to sell in an attempt to cover a short a bit lower if the market looks weak ? Mikey likes it !!! When the day comes that MM's have to post true size and go truely live as we do, will be a wonderfull day for those of us who make our living trading :))))))))))))))

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