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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (6728)5/6/2002 7:40:18 PM
From: mishedlo  Read Replies (2) of 16631
 
Wolanchuk is a silly fool at best.
Sorry for the harsh words but anyone who has proclaimed the targets he has on the Naz and DOW (from recollection and may not be accurate - 15K and 30K) is nuts. Has declared more bottoms than Abbey Conehead. I could go on but I will not, I have recearched this before and it is not worth my time here.

At any rate, yes the DOW specialist can and does see the book, can spot order imbalances and trade out of his own personal account first. It is an easy game for that specialist to do what he wants for himself first. This has to end and I sure as hell hope it does.

The MMs on the Naz have no such luxury. One can not lump MMs and Specialists together as they do not have the same powers (knowlege).

M
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