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To: BradC who wrote (6925)4/10/1999 2:45:00 PM
From: Wayners  Read Replies (1) | Respond to of 12617
 
By that manipulation definition every market maker and specialist would be in jail. They routinely go high bid for stock to get daytraders to come in and move the stock up so that some big fish can get out at a higher price.



To: BradC who wrote (6925)4/11/1999 11:03:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12617
 
Is it any worse than all the scamsters that fill the big brokerage houses or those that show up on CNBC or other media? Sites like fast trades provide volatility to the market. You can't trade a dull market.

I don't think anyone who has been around for awhile, still thinks there is such a thing as "value" in a stock or that the full service brokerages have anyone but themselves in their thoughts.

Action by the SEC will be taken against anything that affects the control of major brokerage houses. Discount houses/ chat rooms/ daytraders.

Who manipulates prices more than the profession? Who controls the SEC?