Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: Colin Cody who wrote (450)	4/24/1999 3:22:00 PM
From: BenYeung	Read Replies (1) of 492

Good point! S/MMs have the prices in their books/screen and maximize their profit by using them. That is the reason that Ney encourage investors do not use anything other than market orders. What you mentioned should happen even in seconds because with the trading technologies being used by the online traders, S/MMs loses their edge when the people on other side of the trade makes decision with the same tools. Ben PS. How is everyone's portfolio doing? Good right? I have one loser down 10% (ORCL) but others are doing great. I am planning on selling CSCO and AMZN while keep my long term holding JBL and SBUX. Sold DELL and PMCS in the pass few weeks for a decent profit. I am sure that you all agree the prices are pretty far extended and god knows when it will head down again.

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