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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: wooden ships who wrote (804)7/8/1997 11:28:00 AM
From: David Bogdanoff   of 42834
 
To all;
I bring to your attention an interesting comment that BB made last weekend regarding market makers. Most comments on SI threads make uncomplimentary comments about the MMs, often accusing them of manipulating the markets they seemingly control. However, BB stated quite strongly that MMs often lose money and cannot control markets in
which there a multiple market makers because they don't know what other MMs are doing (unlike the specialist on Wall Street who is the only market maker and who has a book of trades). Comments anyone?

David
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