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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: eims2000 who wrote (53335)3/18/2000 9:30:00 AM
From: If only I'd held  Read Replies (3) | Respond to of 122087
 
It is a game. And spoofing is part of it and there is nothing wrong with it as far as I am concerned. I think the SEC should get their crap together and address far more important issues than the use of "spoofing" thruout the trading day. The naked shorting by market makers is a much heavier issue as far as I am concerned. Yet it happens....all day....every day. The way I see it....if you place an order to buy 25,000 shares of a stock at any given price....even if it is just for a few seconds.....that is a live order. An order is an order. If they take away the right of traders to place such orders, they might as well just take away our rights to trade altogether.

When are these people gonna get to the real issues? This whole past week was nothing more than a manipulated margin squeeze. This market is very unbalanced and there are a lot of things the SEC could be doing to balance it out. yet they concentrate their efforts on stupid, non-issue things like spoofing. Am I paying these people?

While I am on the subject.....I have a question.
When the NASD calls me and asked why I "spoofed" a stock....
what's to stop me from saying......Huh?? What do you mean?? I just changed my mind. Things happen fast in this market Mary....ya gotta make quick decisions.