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

To: booters who wrote (960)9/3/2000 2:07:24 PM
From: Robert Graham  Read Replies (1) | Respond to of 1426
 
Only if you assume that all the people selling the stock that day sold at a higher price than they bought at and that no body sold it short and then bought it back later in the day at a loss.

Lets not forget the MM in this. It is not possible for a stock to trend, no matter how strongly, for there to be only purchases of the stock. Who is doing the selling? The market maker of course!

Bob Graham


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