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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (6740)	1/24/2002 10:22:30 PM
From: isopatch	Respond to of 36161

t4texas. Right you are. A good MM can make a good stock into a very good stock - for trading purposes. Actually, I usually give the MM his spread unless the order flow looks to me like bids are softening. Then I'll just watch the decline and try to enter as close to the pivot point as possible. But again just give him the spread. That way I don't miss as many fills, except with really difficult MMs the ones that work TESOF. EPEX has gotten a lot better in the last 18 months. Those guys used to be horrendous pricks. But now having no problems with those guys. Probably some new faces sitting at those terminals. Really helps with a small cap that doesn't always trade a lot of volume. Really like your NR idea. Excellent niche company with good management. Might even buy more if we eventually get a big washout in the broad market that takes everything, including the kitchen sink, down with it. Isopatch