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To: Secret_Agent_Man who wrote (5748)4/21/1998 2:23:00 PM
From: Pakman2000  Respond to of 7703
 
Byron--- we all know the MM's like to shake the tree before a major move--- seen it a million times. Market Makers know their shit. Look at all the stocks with major moves. See what happened a day or so prior to that move----usually a drop in price. MM's replacing iventory! CANT FOOL ME!



To: Secret_Agent_Man who wrote (5748)4/21/1998 2:24:00 PM
From: Dixie7777  Read Replies (1) | Respond to of 7703
 
Byron, I believe that when they lower the bid they are essentially protecting their recent sales from coming back and biting them in the ass as profit taking.

Oddly enough, this really keeps the price moving up (good for us,) by limiting the day traders ability (bad for them,) to make a quick buck off the back of the MM, (good for them.)

No... ?

Rich


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