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Technology Stocks : Lucent Technologies (LU)
LU 2.645+0.8%3:37 PM EST
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To: GVTucker who wrote (9903)10/8/1999 10:09:00 AM
From: Joe S Pack  Read Replies (1) of 21876
 
Just curious as to what is your experience in trading floor(s)
and how MMs play the game.
Of course fundamental is all that it matters in the long run.
But brokerage houses and MMs make money not by holding long.
Rather they would like to see a steady stream of cycles (either overall market induced or manipulated through various means like news media, analysts, rumours, guru's opinions etc..).

-Nat
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