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Technology Stocks : Business Objects (BOBJ) - any followers??? -- Ignore unavailable to you. Want to Upgrade?


To: SKP who wrote (510)3/15/1998 9:49:00 AM
From: Samuel J. Bennett  Read Replies (1) | Respond to of 1150
 
SKP;; you are so right...except after spending 5 years as an otc trader in the 70's, I've learned a few tricks of the trade. But,you may hold on to your opinion with or without experience. That's what makes a market.

Here is one trick: The lead market maker, the one with the "box" calls the shots. " I am holding at my bid at $15 5/8, no matter what " If the stock moves higher, he goes short and covers later at a lower price.

An event is not enough unless it's backed up with size. However, I am willing to learn from you, so tell me the next stock to buy and what was the event that prompted you to the stock.

Best regards and wishing you in advance on "our" good fortunes with HCIA.

sam