Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: James H. Irwin who wrote (4594)	12/18/1998 10:44:00 AM
From: Anaxagoras	Read Replies (1) of 8307

<<How does one intentionally try to get people to sell? >> Ok, let's not drag out a tiresome debate about the control that MMs have over a market. Would you at least agree that (1) widening spreads dries up liquidity, (2) demoralizing buyers, (3) and the axe has great influence over the other MMs insofar as what they do, the others tend to follow. I don't think any of that is particularly controversial, it's kinda day trading 101 stuff. Anaxagoras PS- Hey, I take it all back- thing just jumped, damnit- I love this stock. Sold at 21 2/4, thinking about a short now, still believe we'll close at 20.

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