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Strategies & Market Trends : MOMO MOMMA's -- Ignore unavailable to you. Want to Upgrade?


To: Blitz who wrote (417)7/9/1998 11:36:00 AM
From: Russell Gish  Read Replies (1) | Respond to of 1051
 
Blitz,
Do you know what a spread is and how it is arrived at?

As far as I'm concerned the tighter the spread the more competitive the MM is.

You tell me how many times you've gotten a fast moving stock with a limit order between the spread.

This isn't a momo if there's no volume and with no volume there's gonna be an unaccepatable spread - the MM makes his money not only on volume but also by buying cheap and selling high

Good Luck,
Russ