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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: NoName who wrote (103)10/15/1996 2:16:00 PM
From: Gene Cullen   of 308
 
Hey No Name
You obviously no little about the Specialist system at the NYSE every time they put there money up to make a market they are at risk! There is no such thing as price control. Price is determined by order flow not the specialist. Spreads in the market are also a reflection of order flow and not the whims of a specialist.
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