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To: dkgross who wrote (724)8/2/1999 2:37:00 PM
From: Jorjenzak  Respond to of 18222
 
See the post from this weekend on the discussion of how a stock trades when there are active shorters in it. Was in a link in one of the last 3 day's posts I think. JMHollen had a link to a site on confessions of a former MM (which has been posted here twice before but is a great read!) and I followed up with a link to this info from the same site.

This will be rectified soon enough. They will have to let it run as the pressure of coming events comes on....so far they have been letting it move up a little then bringing it back down on small trades.

Just a game for the MM's to profit...but very dangerous the way things are shaping up. Just a nuisance that will go away soon, imho.



To: dkgross who wrote (724)8/2/1999 2:53:00 PM
From: M Vavolizza  Read Replies (2) | Respond to of 18222
 
Someone offered the theory last week of the MMs having too much power. I'm beginning to wonder myself. But they can't hold down the laws of supply and demand indefinitely.
Ranger