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janice shell

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janice shell

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Re: Capitalist post# 32729

Friday, 06/18/2004 7:11:54 PM

Friday, June 18, 2004 7:11:54 PM

Post# of 358440
It might be worth pointing out that because of the nature of their job, MMs always have to go AGAINST market sentiment.

That's exactly right. MMs (and specialists on physical exchanges) are charged with keeping an "orderly" market.

The way they do this is to take the OTHER SIDE of transactions when no one else will.
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