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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (68303)8/31/2005 5:59:00 PM
From: shades  Read Replies (1) of 74559
 
I have watched it on my medved quotetracker software and seen the level 2 orders - you are right - even phil grandie has commented on this for awhile now - how all these little suckers are just pissing in the wind throwing thier money away - it will continue until A) they grow tired of the ringleader or B) they run out of free cash.

I don't foresee either happening in the next few months at least so the games will continue - hehe.

investopedia.com

Phil today went on to talk about the nasdaq and nyse market makers and specialists and how it is all so rigged.

Electronic Trading Tutorial - Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.

Phil came down hard on FRK and JEC calling people FOOLS who bought into the rally.
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