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To: Tom Klempay who wrote (7013)6/24/1999 3:17:00 PM
From: rumble_maker  Respond to of 20297
 
Me, Cramer? Thanks, but I am not. Although I do like his thoughts on the market.

When I was on the other side of the desk, it was hard understanding how a single market maker could hold a stock. Now, being on this side of the trading desk, I see it everyday, multiple times in different stocks. If you have software that gives you the Volume Weighted Average Price, watch the close to see what happens. Many times if a firm is holding a stock down, the stock will move away from the VWAP. If someone bought the stock and is trying to look good for his client, the stock will move higher than the VWAP. I've seen stocks move 2 points in the final 15 minutes, and you can bet your hide it was manipulated that way.