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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (14470)	3/3/2000 3:18:00 PM
From: MythMan	Read Replies (1) \| Respond to of 42523

We've had that... The Fed jammed the market when it was falling..Why don't they jam it to the downside? -g-

To: Lucretius who wrote (14470)	3/3/2000 3:21:00 PM
From: Tim McCormick	Read Replies (1) \| Respond to of 42523

The game is rigged. Every time you enter an order you are feeding the criminal enterprize. In the WSJ article about Knight, besides the admition of fruntrunning(which is illegal), There is this: "But Knight takes steps to limit its risk. For example, it chooses whom to trade with. Mr. Pasternak welcomes the "uninformed" orders of thousands of individual investors, because he is confident that, on average, Knight will be smarter than them. And just as a casino bars gamblers who consistently beat the house, Knight's systems watch for investors who consistently make money trading against the firm. For such a customer, Knight may restrict or suspend the promise to automatically execute all trades at the best price posted anywhere."