Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (57312)	12/28/1999 10:33:00 PM
From: Jon Koplik	Read Replies (4) \| Respond to of 152472

There is clearly something to this stuff (NASDAQ market makers doing "funny stuff.") I remember that WSJ article a week or two ago (about the pair of successful stock "day traders") where one guy said : "If CS First Boston looks like they are coming in BIG as a buyer late in the day, almost every time -- they are actually a seller, and the stock in question should begin plummeting soon thereafter." I believe him. He watches this stuff all day, every day. But, I guess my big "So what ?" is -- assume a person owns QCOM or GSTRF heavily, understands why it is a reasonable bet that these companies will prevail ("resistance is futile"), is not margined so much as to have to "sweat out" every sharp move, then ... who cares if some funny business may occur for periods of ... ten minutes (?) once or twice a month ? Jon.