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To: lightfoot who wrote (7)6/10/1998 2:08:00 AM
From: jhild  Read Replies (2) | Respond to of 80
 
Thinking that the MM's are controlling the price is a risky leap of logic. They make money on the spread. If you are looking to explain today's volume for instance in the morning sell off of ICVI, then you have to look at who was actually unloading there, not the MM's.

How many people do you suppose today that were posting long and strong actually were? It is preposterous to blame these kinds of things on the MM's. That's an easy answer. Just like saying it's the shorters.

It's the market, no less and no more.

Your metaphor of the Knights as the MM's I just don't see.

But best of luck to you.