Christopher,
You said a mouthfull, I do watch MM with precision and watch what they do and develope a pattern from which I try to guess their next move. I realize they might be trying to play the old pocker game with us, just to get us at our weakest point. But, if they are truly a smart MM, they would not try to deceive their customers but help their customers be successfull. Why, very simple, a happy customer comes back for more business. If they burn us the little people we will not indulge in that stock again and go somewhere else. In addition, the MM will have a bad reputation and will eventually loose in the long run.
In summary, a smart MM is one that works predictably, his clients us, will want to do more business there. Take this tid bit of info to your next MM meeting and tell them. After all we are in business together, We buy they sell, we sell they buy, we should work together as a profitable team, not as a bunch of vultures.
That is my wise words for the day, Ben |