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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (10559)	10/31/2000 12:15:18 PM
From: T L Comiskey	Read Replies (2) \| Respond to of 65232

Tom........Love your style...... Brass it out Tim

To: Voltaire who wrote (10559)	10/31/2000 12:32:01 PM
From: mtnlady	Read Replies (1) \| Respond to of 65232

Tom today must have been like manna from heaven for you concerning RMBS! And for them to drop such a gift in your lap a day before Nov 1st no less. Wow. Good luck. I know you bought a sht load of the 'stuff' today. Have you unloaded any of your INTC calls yet? Sold mine a few days back. I won't hold LT companies that are not part of my 'core' group. Just a philosophy I have. I made good money and it was time to bail. I will do the same with RMBS. I will wait for your 'call' though as to when to take some profits on this one. You know something had to be going on. i-watch had a truck load of huge buy orders going through on RMBS. Holding Dec 80's bought at a 5/8. I was trying to get further out but the market makers were really jerking around with the options on RMBS this morning. Very frustrating. I had one buy order sitting for 7 minutes at the asking price and it still didn't hit! Others you would make asking price the same as the bid and then they would move it up.. and then play the game over and over... what a joke. It took me quite a while to find an option that wasn't being jerked around so much. I finally called my broker and they made a call to the traders. He basically said the market makers were jerking the trades around - a rigged game* is basically what he said in some many words this AM. I wish they would clean up the market. And I DON'T MEAN SENDING 16 YEAR OLD KIDS TO JAIL WHO POST ON THE INTERNET.