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Technology Stocks : JDS Uniphase (JDSU)

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To: Hank Stamper who wrote (2879)12/14/1999 8:20:00 PM
From: Jon Koplik  Read Replies (2) of 24042
 
Most market makers always try to end each trading day "flat" (no un-hedged long or short positions).

This idea of a "they" or "them" that are doing "things" is something I see all over SI.

I think it is ridiculous. Market makers earn their living on the bid/ask spread.

If you want to complain about the size of the bid/ask spread, then ... there is a logical topic to "whine" about !

Jon.
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