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To: pae who wrote (5930)12/3/1998 6:11:00 PM
From: TraderAlan  Read Replies (1) | Respond to of 12617
 
pae,

You might like to look at the comments from a very knowledgeable trader at:

exchange2000.com

The current problems at the discounters appear to be an extension of new systems initiated by the big 3 wholesale market makers last summer.

I've been on my soapbox about this one since I noticed it right at the July top. VERY likely its no coincidence that it's rearing its ugly head again right near another market turn.

Greed really has caused these "gents" to overreach. Hopefully it will kick them in the behind eventually. I'm sure the SEC has gotten an earful this week.

Alan