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To: Buckey who wrote (213)12/16/1998 10:58:00 AM
From: Wizzer  Read Replies (1) | Respond to of 406
 
Yes, it appears as though whomever is attempting to box in the price. This has been happening for several days now. When it hit 65 cents this morning, a large ASK arrived to beat it down. Then all of a sudden the ASKS were just getting eaten up. At one point like you mentioned, the spread was 75-93 or something like that.




To: Buckey who wrote (213)12/17/1998 10:00:00 PM
From: charles johnson  Respond to of 406
 
To John and all

There is all kinds of games that the brokers and the Houses play. I just finished reading a book call "THE ELECTRONIC DAY TRADER" BY MARC FREIDFERTIG AND GEORGE WEST. Published by McGraw-Hill. In this book there are 2 chapters on MARKET MAKERS AND ALSO HOUSE TRADES. After reading these two chapters, I will be trading with these makers and increasing my spread instead of giving it to them.

If you are a reader then treat yourself to a book that is worth reading, at least in my opinion.

I can not believe that these guys would sell at a low price. This smells like a sweet heart deal!

I really enjoy this thread.

Best of the season

Charles