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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (7352)	3/12/2000 7:29:00 PM
From: Dave O.	Read Replies (2) \| Respond to of 18137

Sorry I guess you know all. So the 24 MM's were not guilty? Wake up, you know as well as I that they were gulty as sin. But I'll not debate it further. YOU can reach any conclusion that suits YOUR needs. < You have a serious problem with illiteracy and illogic which I failed to fully appreciate in my previous post. > Sorry, you never posted to me in the past. I think you ripped into Dan. Perhaps YOU should give the literacy topic some thought. < You're not greedy so why are you trading given that you've achieved your goals? > THINK before posting. My financial goals are daily, weekly. I'm not a multi-millionairre. Trading is my profession and I'm fortunate enough to be able to achieve my goals trading a part of the day. < What we have here is a failure to admit, failure to admit obvious greed and lying because your trading is sending you to the poorhouse. > Not sure what your motivation is to attack but I suspect you'll wear out your welcome very soon on this thread. And I've done quite well trading, that's why I trade part time. Try to read AND comprehend my prior post! And then maybe you won't lecture others about being illogical, as your reply was. Dave

To: ahhaha who wrote (7352)	3/12/2000 7:43:00 PM
From: LPS5	Read Replies (1) \| Respond to of 18137

You're absolutely right. In fact, it is noteworthy to remember that the market makers were never found "guilty" OR conclusively found to have acted collusively. There was some evidence of pressuring other market makers to not narrow spreads in certain issues, but no concrete evidence of some long-term, orchestrated conspiracy. If there is anything which we can affirm them of being 'guilty' of, it's of choosing to not compete with one another. The firms in question settled to the tune of $1.001B, choosing to get on with their business rather than be driven into what could have been even more expensive and time-consuming litigation. I have to admit, I'm getting a little tired of the sweeping, all-encompassing "pop culture" villanization of market makers and their firms. LPS5

To: ahhaha who wrote (7352)	3/12/2000 7:46:00 PM
From: Cormac	Read Replies (2) \| Respond to of 18137

ahhaha - The vehement confrontational tone of your post to Dave is not attractive and bespeaks volumes. Personal attacks are really not welcome nor do they edify the thread. IMHO a man or woman can and do overcome by self-will and inner strength (I will not argue from where that strength comes)the innate weaknesses/faults/frailities of the human race...and to the degree and consistency they overcome their intrinsic weaknesses they become a positive influence in their immediate community (if not the world at large) and a stalwart human being. Far be it for me to not believe that Dave is just such a person...though I do not know him personally I have come to some conclusions regarding his character from his dialogue with his fellow posters... It is obvious (to me) that you are intelligent (far more than me)educated and well versed in the history of the market and its amplifications for the present. By your arguments and prose I feel secure in making the judgement that you have some (if not extensive) education/training in philosophy/logic/argument and their rules...why else would you use every fallacy available to support your conclusions. Regards, Cormac