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To: StandFast who wrote (1525)	8/12/1998 4:02:00 PM
From: STRTYZ	Respond to of 7609

The street market comments... Midday Musings: Stocks Spring Higher, But Stomachs Stay Queasy By Heather Moore Staff Reporter For all those pent-up Wall Street players still aching for an adrenaline-rushed, history-making bout of real corrective pain or single-day recovery -- the market will slowly repeat itself: Get. Over. It. We're quicksand-stuck in a downwardly biased range, folks. We're talking corrective phase, not a tag-you're-it correction. Yesterday's no-washout-here selloff said it, and today's Gerber-bland bounce seems to be saying it again. "People are wrestling with midweek curiosity about whether any kind of news will cause the market to move either way," said Gary Kaminsky, managing director of private banking at SG Cowen. "We're essentially listless." The strategist said that since the July employment report, we've been in an economic-news vacuum, leaving investors with nothing upon which to trade but uncertainty and fear. "There's no sense of earnings other than a few companies' dire or cautionary forecasts. We're not going to see any Dow 30 or big S&P names coming out until after Labor Day. This is a typical summer slowdown. "It's a market for day traders," Kaminsky continued. "Analysts' recommendations will probably be listened to more now than the last six months. It's very frustrating to new investors who are accustomed to market moves day to day and who look at stock prices and see daily gratification. But for those trying to establish a position or adjust a portfolio, it's probably a welcome pause."

To: StandFast who wrote (1525)	8/12/1998 4:06:00 PM
From: steve walsh	Respond to of 7609

Hello...."if a market maker buys for inventory to hopefully sell at a higher price....he is a buyer........if he's not wanting to buy...he'll take in his minimum...and lower the bid........either way it's a buy and a sell.....EVERY TRADE ON NYSE, ASE, NASDAQ, BB, ETC.....HAS A BUYER AND A SELLER......EVEN IF THE BUYER OR THE SELLER IS THE MM.....ARgggghhhh....how hard is that to understand..???