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Re: friendlyfred post# 42060

Thursday, 07/31/2003 6:05:23 PM

Thursday, July 31, 2003 6:05:23 PM

Post# of 93821
"if people are willing to buy at higher levels the bid will come up regardless of the mms."

MO - true - but not regardless of the mms - depends on their objective. they still set the pps - .

"What reason would market makers have to keep the price down? Dont tell me accumulation either."

Why not accumulation - if that is their objective
You're right - if they don't want to hold the stock they
won't accumulate.

If their objective is higher prices - they will accumulate within a range - common sense (to them) - wouldn't you buy and accumulate if you knew your objective was higher prices.

trouble is we never really know what their objective is - so it will always appear to be a mystery.


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