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Non-Tech : Market Makers - What They Do and How They Do It

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To: Doug Coughlan who wrote (305)11/1/1999 12:45:00 PM
From: 10K a day  Read Replies (1) of 429
 
but i think that is, in fact, bogus,
because somebody with limit sell order,
and Joe Public or Joe Markie,,,
steps in front with a MARKET sell the book,
and all the Markies drop or cancel their bid,
so That is bullshit,
because a Markie is a Markie,
when it is to their advantage,,,
and they are not a markie,,
when they are about to get their head handed to them,,,
and they prop,
or drop the price/bids,
based on the short term,,
gains on the whole,
whether a combination of Options,
or margin interest,
or stock,
or whatever.....
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