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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Lino who wrote (909)4/7/1998 8:45:00 PM
From: William W. Dwyer, Jr.   of 2120
 
Hi, Lino

I agree with everything you said, particularly about a specific MM controlling (let's say "influencing") the major movement in a stock for a day.

As others seem to have already noticed, however, I screwed up and sent to you the message that I had intended for Ken. I wanted to know what Ken meant in his previous message about the spread "tightening." I think he was trying to imply that a tightening of the spread was indicative of a stock's movement, but I wasn't sure which direction Ken meant.

I'm sorry I sent that message to yu in error, but I did enjoy reading your response. I'll re-post my message to Ken now, asking for everyone's forgiveness just this one time.

Thanks again,

WD
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