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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Gokhan Gezmisoglu who wrote (8256)5/3/1998 9:29:00 PM
From: Mama Bear  Read Replies (2) of 18691
 
>>>Say I have 1000 shares of KTEL, I sell it to you. So the volume shows 1000 shares traded, you turn around and sell it back to me. <<<

Actually the market maker buys from you (1000) and sells to him (2000), and then buys from him (3000) and sells to you (4000). And it counts like that every time it swaps back and forth.

Barb
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