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To: brichard who wrote (2503)	3/21/1999 11:21:00 AM
From: re: MAX	Read Replies (1) \| Respond to of 8858

brichard, A good book on how MMs think, act and do is "The Electronic Day Trader" by Marc Friedfertig and George West - Amazon.com $34.95.Interesting reading. GA Bard wrote to Due Diligence once and said, "find them on the floor, rarely post, and patiently wait." Boy, that's not a bad strategy. The DD posts are great. Talking with each other is good. Sometimes, I've seen someone ask, "How many shares of such and such stock do you own, and let's post it." I guess, to me, that tips our hand. I believe the 23 MMs on SNMM pay attention to the "Market Sentiment" and read the threads. Their job is to create liquidity in the market, however, their primary object is to take your money and mine away from us by snapping up our limit sell orders, and selling our shares on the way up to someone else (shake out). They create their own wealth by buying up the cheap shares, selling on the way up, and releasing only 100 at a time to drive a market back down, causing panic selling (watch the charts and trends), and buying them back at the bottom. They can see the entire picture in front of them. They see the Market Orders before the bell, they see the sell limit orders - hey, its' like knowing all the parts of the puzzle and being able to control the destiny of shareholders all day long. A quote from the Motley Fool, "The Fool holds that newsletters, Gurus, and brokers usually don't have your best interests at heart - the best person to manage your money to market-beating performance is YOU." Oh well, it's off to work I go. Best regards, MAX