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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (141433)1/3/2002 12:06:14 AM
From: LLCF  Read Replies (1) of 436258
 
<Small orders push price all over the place on the Naz. Professional traders provide liquidity while slowly making each other go bust. >

Now the real world: Small orders are paying the spreads while the market makers make huge profits. I don't know who the pro's are you're talking about... better read the earnings reports of the investment banking OTC units.

DAK
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