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To: nokomis who wrote (7258)	5/7/2002 9:32:03 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 8046

but isn't there some kind of a law against this? And there is always an equal amount of "exception or exclusion, or special circumstances" whereby the system protects these less-than-ethical actions. --Market too fast... order as to go through voting... order was away from market for x minutes and was cancelled... bid (or ask) was moved away from your order... blah blah blah I have arrived at the conclusion (after questioning my own broker in several -questionable practices), that it would take an army of lawyers, accountants and tremendous amount of record keeping to fully demonstrate what goes on.... in the end it would be impractical to attempt to prove anything. Practical thinking forces me to take the attitude that dealing with these shysters is the cost of doing business and get smarter and ahead of them whenever I can. This, (amongst other considerations), is why avoid the penny fleas as the fact that in such market the SEC does not even force the companies (if you can call them that), to report quarterly, so imagine what else goes on behind the curtains. In other words... my objective is to make money not get into tedious arguments with a bunch of licensed crooks. And if you want more BS just try a few options trades. For starters, the spreads are phenomenal, and then add to that that we, the public, are in essence at a disadvantage since we have no idea what the order flow really is. ...Or why is it that the 5 option markets are not linked in their bids/asked and you have to constantly call in order to have the order routed to the truly "best price" Level II is like a sadist joke since the mm are in full control and even then, they can always pull the orders and no one would force them to do a thing. If markets were really meant to find the most efficient price, (given the wizardry of today's electronics), there is no reason why you and I could not get the mm cut out of the deal and transact directly... liquidity of the markets be damned... So... I am a mere minnow, hence I say, I will flow where the money is easi(er) picking (i.e. I search liquidity) where the intervention of the leaches is minimized by the size of the particular market. Just my opinion, which I am sure, there will be those who think I am a practitioner of the voodoo called conspiracy. I know I can go to other direct access brokers, but in my particular case I have other advantages that have nothing to do with trading and the gains would be marginal once you input the management of an additional trading account ticket matching etc etc etc. Instead, I have strived to become a better trader and thus overcome the added cost of these inconvenient gnats. -g