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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (623)	6/8/1999 10:40:00 PM
From: genejockey	Read Replies (2) \| Respond to of 2514

"FAHN is a respectable regional brokerage firm " LOL Sure all brokerages are "respectable" on one level... but I would never call any MM "respectable" on any level. There official job is to make markets, their unofficial job is to rake it in by all means necc. By the way, My hypothesis on FAHN's motives was right on (although instead of short selling, I believe FAHN was primarily accumulating low and jamming the stock to sell it off high, although I get the feeling he shorted at the top...) Pre-Market and early AM... FAHN was rock solid on the bid again pushing it hard, momentum players jumped in and now FAHN jumped to the sell side to unload shares at a profit, and would then only sometimes drop back to the bid to give some support.... Soon however, the stock took off due to momentum players and FAHN did not need to support it... at the top, FAHN went back to the bid briefly, but it was obvious stock couldn't be pushed higher, he then parked on the Ask and the stock started it's nice fall down.--- Not Howie