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To: The Verve who wrote (57926)12/29/1999 9:24:00 PM
From: Eski  Respond to of 152472
 
ROFL, that was great!!!!!!



To: The Verve who wrote (57926)12/29/1999 9:40:00 PM
From: Voltaire  Read Replies (2) | Respond to of 152472
 
Hi Ron,

You have a great summary there but this is going to shock some people. There needs to be a substitution in your compilation. You need to substitute SHORTS for MM's. This is where I disagree with FloorTrader. There is no one around that beats hell out of MM's like I do but if people think they are so stupid they would replace the SHORTS with their problem, no way. The MM's might short from time to time but they are not in the business of playing the village idiot. No sir, this was a short squeeze period against the idiotic bettors to that side. Houses are not in the business of betting one way or the other to a large degree. Like I said last night, they will either choose to participate or not. Well let me tell you, after that upgrade today their mind was made up when they came to the casino this morning my friend. They simply stepped out of the way and the closing price at the close and even after hours proves what I have been saying. The Houses did not get to where they are today making 50/50 bets on the short or long side. It was the SHORTS that got burned not the MM's.

Voltaire