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Strategies & Market Trends : Waiting for the big Kahuna

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To: Robert Graham who wrote (21490)7/11/1998 1:04:00 PM
From: Haim R. Branisteanu  Read Replies (3) of 94695
 
Bob, the specialist prime job is to make money!! Now to keep it simplistic he makes money on the retail/small investor not on the institution as he is looking there to have repeat business.

Retail/small investor has no choice but trade through the specialist. Institutions can trade off the market. (there are an aboundance of firms who specialize in those type of transactions)

So the small guy end up on the loosing side.

Haim
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