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Non-Tech : Meet Gene, a NASDAQ Market Maker
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To: X Y Zebra who wrote (272)7/30/2000 2:18:32 PM
From: Jorj X Mckie  Read Replies (1) of 1426
 
I would think that if a market maker is doing his job well, he is going short at the top rather than pushing a stock down during a decline. And they, as well as others with short positions are the ones that provide the floor for the stock when they start covering their short position.
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