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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jay Morrison who wrote (149)3/20/1999 6:10:00 PM
From: SpongeBrain  Respond to of 1086
 
I thought MM's dont like daytraders b/c they take the spread away!!
ie: The daytrader bids a hair higher then the current bid, and sells a hair under the current ask. Therefore functioning as a MM himself.
THAT is more a reason than simply not letting them adjust prices quickl....