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To: HairBall who wrote (3957)1/12/1999 11:11:00 AM
From: fiberman  Respond to of 27722
 
< And if you think MMs don't manipulate and collude, you missed the rare SEC ruling this week >

Whoever does not beleive in their manipulation is a fool. Sure there is a lot of shaking going on this morning with all of the internet stocks. These S.O.B.s are going to have a nice winter vacation in Aspen!!!

P.S. Hey Baldy, are you going to Aspen too?



To: HairBall who wrote (3957)1/12/1999 11:12:00 AM
From: John T. Hardee  Read Replies (1) | Respond to of 27722
 
With so many systems available to the MM, they know where all the stops loss are at. Its like taking money out of a blind mans cup. You put a stop loss of $16 out there, they will get it on the next run.



To: HairBall who wrote (3957)1/12/1999 12:54:00 PM
From: zurdo  Read Replies (1) | Respond to of 27722
 
Some time ago, NASDAQ members had to settle for a hefty sum..almost $1 billion on a class action lawsuit...I read the other day where there was another settlement---for peanuts--- on a new set of allegations of infractions...Seemed like nothing more than a slap on the wrist...That emboldens MMs to collude and manipulate...and anybody that disputes that MMs manipulate is either living in la-la land or is a stooge for the MMs or a MM...in my opinion....The SEC will come under increasing criticism if they don't start providing protection to the investing public against shabby illegal tactics...All my humble but strong opinion....