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DEMO P2

10/29/07 3:28 PM

#83756 RE: Lantz #83753

well that is true. yes and the buy sell thing is also correct. so someone is selling at 2 and also buying at 2. well the buys have been very large today so there is some renewed interest here

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forgreen

10/29/07 3:34 PM

#83767 RE: Lantz #83753

Doesn't work that way. The 1's are solely for the pleasure of the MMs, not the retailer. By the time any retailers are getting filled in size at 1 then that means the MMs are offloading any surplus inventory before they abandon the bid. This is why people saying they are not getting filled at 1 are more lucky than they can imagine because getting fills at one is a prelude to the No Bid zone and you don't want that. You don't get the ones, the MMs do. You buy at 2 and sell at 1 or 2. Thats just basic operating procedures and people have been very misinformed about this.