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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: t2 who wrote (77427)5/25/2001 11:06:27 AM
From: John  Read Replies (3) of 99985
 
Slightly OT:

Some of the market makers, including Knight Trading Group, Inc., are traveling to Washington today to cry to the U.S. Senate Subcommittee on Securities Investment because they aren't making as much money with the new decimalization system. What that really means is the new system is performing its function by narrowing spreads, thus making it more difficult for them to bamboozle the small investor now. Now doesn't your heart just break for Mr. Middle Man Market Maker?

biz.yahoo.com

John
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