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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

4:00 PM EST

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To: Monty Lenard who wrote (4847)	1/28/1999 5:29:00 PM
From: HairBall	Read Replies (2) of 99985

Monty: Did you notice the huge spreads today? I saw many with 1/2 to as much as 2 and I am not talking about thinly traded stuff either. Sorry, I did not respond to this in my first response. I am not sure I have a take on it...what is yours? The only immediate results of such large spreads that I would surmise, (other than S/MM making a lot more money) is that it discourages day trading! BWDIK Regards, LG

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