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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (41869)1/1/1999 9:08:00 PM
From: voodooist  Read Replies (1) | Respond to of 132070
 
>>>Couldn't this specialist, if he had these powers, make just as much money in a trading range that he bounced the stock around in a volatile fashion<<< AR, my own perception is that there are those specialists who do exactly that both intraday, and over several days. They do seem to make these moves when the volume is light: they dip the stock down, grab a few, and take it back up. So it seems. I follow three NYSE stocks that behave like this, and I actively trade two of them. The third I haven't yet figured out, so I leave it alone.