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Non-Tech : WOW - The Legal Recourse Thread

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To: Len who wrote (4)9/20/1998 1:22:00 PM
From: Cavalry   of 11
 
len you wrote^^^Developing an automated real-time decision support, data acquisition and execution system, that among other things, capitalizes on reliable individual differences in quoting and trading behavior among individual NASDAQ Market Makers to to yield an intraday trading advantage that can be quantified to a scientific certainty.

Any clue as to what he means?

LOTS OF BOOKS ON IT
ITS CALLED A SOSE BANDIT I BELIEVE
THEY DRAIN A FEW CENTS FROM THE MM'S WHO ARE SLOW TO MOVE THEIR BIDS OR ASKS

BUY FROM ONE MM FOR 21 DOLLARS
SELL TO ANOTHER MM FOR $21.03
saw it on cnbc these guys are draining the liquidity from the market.

cav
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