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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Dave Gore who wrote (11307)8/15/2002 3:11:15 PM
From: The Vet  Read Replies (2) of 16631
 
GMXX - the MM's are trying to play it cool, but they must be sweating bullets. I have placed a couple of orders at the ask and they fiddle about for up to 30 minutes before they fill it and then bounce the bid and ask another 5 cents. They have no sellers and no stock but they have to keep the lid on or they will be toast; they are not game to sell more naked shorts now that they have been exposed.. This could blow if a couple of dedicated buyers turn up..
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