Know Your Enemy
Pristine's Course in Playing Market Maker
pristine.com
<< On the Eve of Christmas in December of 1997, when all was quiet on Wall Street, and last minute shoppers were preoccupied with battling the mad late-day rush, Nasdaq market makers quietly agreed to pay $1 billion to settle a class action suite that investors brought against them. The charges were ugly. "Collusion," "gouging," "extortion," you name it. If it sounded like the charges were befit a two-bit mobster, they were in there. Yet, the world slept. It was no mistake that these financial "mobsters" decided to settle on the day before Christmas. The market makers, which included big names like Merrill Lynch, Bear Stearns, PaineWebber, and Morgan Stanley, were fully aware that this pre-holiday settlement would get lost in the shuffle. >>
Daytrader oriented, but applicable to everyone who trades on the Nasdaq.
:-))
John
PS - I hope Netscape's instructions work in solving your lock up problem
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