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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (1262)7/16/1998 9:18:00 AM
From: peter n matzke  Respond to of 2120
 
Bob,

MM's provide no function to an individual investor.
yes they do help a large client like a mutual fund fill a large order, but they provide no service to the individual.

i have never seen a mm provide liquidity when they could not control the stock for their own benefit.