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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: gene_the_mm who wrote (72)7/27/2000 8:22:31 AM
From: ChrisJP  Read Replies (1) | Respond to of 1426
 
Is it true that you and your colleagues have no reflection when you walk past a mirror ?

Now that I've got everyones' attention ! lol !

But seriously Gene, myself and many others have seen the phenomenon far too many times, even in stocks that are not being scalped a million shares a minute. In fact, there was one small cap stock in particular 2 years ago, APCO (which was bought by Ford Motor Co.), that EVERYTIME the stock took a 1 - 2 point dive (from $8 !), we knew good news was coming and that it truly was a buying opportunity.

If the MMs can't "see" the collection of stops, then what is your theory/explanation, as to why this occurs with such frequency ?

Thanks,
Chris