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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (84707)	7/19/2003 10:18:34 PM
From: Anthony@Pacific	Respond to of 122087

All true, however that enthusiasm was only possible when a series of rule changes occurred in Mid 1998 by the NASD,part of the exact reasons I quit as a market maker in June 1998. Now CNBC which is owned by GE, ( A NYSE listed stock which trades by and under the guidance of an NASD member Firm specialist and owns an ECN , Archipelego, also an NASD member system. I can go into great detail and explain in excruciatingly painful detail why the Internet Bubble is 100% entirely the fault of the NASD and the NASD's alone. Their member firms and their rule changes that occurred in 1998. I did it some time long ago to some degree.. Here are also some interesting private chat excerpts: ---------------------------------------- May 25, 2000 [21:47] rhansen >> nothing mike, just fantasy i guess [21:47] anthony >> 4 the nasdaq is a scam consortium [21:47] R_Short >> nasdaq is a fraud [21:48] R_Short >> we will short it into the ground [21:48] rhansen >> i agree, but still i want in, #3 is a killer on commission [21:48] anthony >> absolutely..the most corrupt organization in the hiustory of time --------------------------------- March 27, 2001 [19:41] +SEAN007 >> CNBC pumping bonds,,, will it never end? [19:41] anthony >> cnbc..is a set of whores [19:41] jiminland >> CNBC should be eliminated by the sec [19:42] anthony >> CNBC really is a bad thing [19:42] Bbones >> 250k...just swallow and say YES!!! [19:42] jiminland >> the SEC should be eliminated by A@P [19:42] anthony >> for the masses anyway [19:42] anthony >> the NASD jimi [19:42] jiminland >> the nas too tony [19:42] jiminland >> ggg [19:42] jiminland >> what a pile of crap [19:42] jiminland >> fraud in any other clothes [19:42] anthony >> if we dont have congressional hearings about this crap than this world is truely unjust ----------------------------------------------- APRIL 25, 2001 [14:50] anthony >> Apparantly there willbe Congressional Hearings into the WallStreet Analysts who said Buy buy buy to the bitter end , a Congressman out of Louisiana is spearheading them , i am being told [14:50] rocks2stocks >> I knew it!!!! [14:50] tmarsh >> yea [14:50] Jetups >> that's great [14:50] Art >> great [14:51] rocks2stocks >> The scandal of 2000 [14:51] Bodqua >> you mean blodgett and meekers heads will roll? [14:51] Bodqua >> that is sooo cooool [14:51] ogm >> They should investigate Fed reserve too. [14:51] anthony >> I was told this by aaron Elstien of the WAll Street Journal ----------------------------------------- Here are afew posts: Message 7189948 Message 12315713 Message 7191597 Message 7169729 This last one just is to show that once they mark you they never stop: Message 7469575

To: David Lawrence who wrote (84707)	7/20/2003 3:12:17 AM
From: Anthony@Pacific	Read Replies (1) \| Respond to of 122087

To:Brooks Jackson who wrote (3208) From: Anthony@Pacific Saturday, Jan 9, 1999 1:55 PM View Replies (2) \| Respond to of 84713 Is anyone here feeling bullet proof...??? Let me explain why we are seeing 20 30 40 80 and 90 point gains on NASDAQ and we didnt see them 2 and 3 years ago... Last year NASDAQ came up with the brilliant notion of reducing Market makers liability from a minimum of 500 and 1000 shares to 100 shares.. If you had 3 or 4 market makers jockeying for position on the offer in the past..then a large BULL push ( daytraders..Good news..or whatwever) came at the stock.. it would take approximately a minimum of 32,000 to 64,000 shares to take the stock up a dollar..For a stock to go up 50 dollars you needed a minimum of 1.6 to 3,200,000 shares of pure buying to get the stock up to those levels.. NOW , however it takes no more than 1600 shares to go up every dollar per market maker so evry dollar can be gained with a maximum of 3200 shares..To climb up 50 points you need a purebuying volume of 160,000 shares..What this did was give the market makeres tghe ability to walk away from a market and allow the public to assume all risk in maintaining an orderly market,. Gains that would have been normally 3 to 7 points are showing up as 30 and 70 points.. NASDAQ set-up the rules so Stocks cannot go down..It is the purest form of manipulation... This was done to make the NYSE look absolete ,,,to attract companies to NASDAQ... One thing however does prevent the above scenario...Fraud, Scams and REAL SEllING..... THE NASDAQ created this scenario and pretend they have no idea...Market Makers should be forced to buy at least 1000 shares of each and every market they make regardless of price..This will put the burden back on Market makers to do their job..This is of course is0 why Market makers are entitled to the spread...But now I see no justification for paying Market makers the spread... EX-Market Maker A@P