Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: zTrader_77 who wrote (2100)	3/10/1998 3:52:00 PM
From: buckeye3d	Read Replies (1) \| Respond to of 164684

Sure I would like a pure market! However, this does not exist right now. The MM may play with prices, but they can't force anyone to sell or buy. It's just the way the system works right now. Deal with it. It always seems to be the shorts complaining about this. If the shorts fav short is rising they blame the MM. It seems very weak to me, that's all. Just my opinion. Alex

To: zTrader_77 who wrote (2100)	3/10/1998 4:02:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 164684

Kirby, you are right. The NAZ game is rigged (and I've felt this way much longer than I've been bearish on any stock). As an investor, you are trading against a market maker who has more information than you. He holds the order book, knows where the limit orders and buy and sell stops are sitting, and can use that information against you. Alex, this is not sour grapes. This is the argument the NYSE has been making for years, an argument that I'm sure was part of the reasoning of every company that moved from the NAZ to the Big Board in the last fifteen years. If you think they can't move a stock up regardless of demand to trip buy stops (or down to trip sell stops), you are a bit naive. And, your argument that if we don't like the rules we shouldn't play the game is ridiculous. This is not a casino; it is a public capital market which is supposed to be covered by laws ensuring a level playing field so that people will feel that they can invest with the knowledge that while they may be taking risks, the game isn't rigged. All IMO of course. Bob