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Technology Stocks : Dell Technologies Inc.
DELL 146.68-1.7%Nov 7 9:30 AM EST

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To: BGR who wrote (83484)12/3/1998 1:17:00 PM
From: Chuzzlewit  Read Replies (1) of 176387
 
Apratim, I must be really slow, but I just don't get it.

Neither do I. This is a variant on a discussion I had a month or so ago with Eddie Kim concerning the the Ben A.'s max pain point. The comment had been made that market makers push the price of a stock to reach that point where the maximum number of options expire worthless. I challenged people to show me how it could be done profitably. I'm still waiting. I think there are entirely too many conspiracy buffs in the stock market.

Of course, thinly traded stocks are another story altogether. And the effect of large brokerage house upgrades and downgrades can be eye-popping. But I'm talking about the ability of a few market makers to manipulate stocks like INTC, MSFT and DELL by simply either buying or selling. Not to mention the fact that market makers aren't even involved in NYSE transactions (they use specialists over there). So the challenge is once again how they do it and make a profit. Maybe Voltaire can get an answer from one of his angels <VBG>.

TTFN,
CTC

TTFN,
CTC
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