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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Joseph J. Valenzuela who wrote (8444)7/14/1998 9:36:00 PM
From: TechTrader42  Respond to of 12039
 
Yes, the spread often does seem prohibitive, but I fake the market makers out by bidding at the ask price, thus eliminating the spread. Market makers then raise the ask price, and everyone with any sense sells. The ask price then plunges -- down to the level of the former bid price. Once again, the spread is eliminated. That's when I sell. As you can see, I've succeeded in getting around the spread twice, in buying and selling. This proven investment technique is strictly confidential, of course.

Brooke



To: Joseph J. Valenzuela who wrote (8444)7/14/1998 10:40:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
sure it can be, on the close of MPTV, 150,000 shares was sold after hours, a 700,000 buy played from yesterday to this morning, the same way. T/S says to me it is being mantipulated.

But bid was .023 and ask was .027 or 14.29%. Sucker deals. This topic is not a hype topic. I personally wouldn't trade them. It is a keno or lottery bet.

It is not attracting anyone.

Lets drop the subject.