Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (4847)	1/28/1999 4:27:00 PM
From: HairBall	Respond to of 99985

Monty: Well, I will not download for about three hours. So, I am unplugging for now. Then after the download, back to work analyzing the Market and looking for tomorrows picks. Regards, LG

To: Monty Lenard who wrote (4847)	1/28/1999 5:29:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

Monty: Did you notice the huge spreads today? I saw many with 1/2 to as much as 2 and I am not talking about thinly traded stuff either. Sorry, I did not respond to this in my first response. I am not sure I have a take on it...what is yours? The only immediate results of such large spreads that I would surmise, (other than S/MM making a lot more money) is that it discourages day trading! BWDIK Regards, LG

To: Monty Lenard who wrote (4847)	1/28/1999 7:02:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Monty ! Thanks for posting that! "Did you notice the huge spreads today? I saw many with 1/2 to as much as 2 and I am not talking about thinly traded stuff either. " I've seen that kind of action all the time .. but I play options a lot. The market makers open the spread when they want to unload. Raising a price makes people want to buy and dropping a price makes people want to sell. When the spread widens that makes folks want to hold 'cause they figure if they wait they will get a better price then if they sell now .. but what is goin' on is that the MM boys are sellin' and doin' as little buyin' as possible. Spread (on options anyways) always opens when they figure there is a turn about to take place. See it all the time .. every day that I play them things. If it's anywhere near your sell point and you see that spread open, dump fast 'cause they are. Gersh