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Joe Stocks

06/25/04 9:20 AM

#261657 RE: basserdan #261644

Dan, Thanks for the link.

Dan, I think there are just a few here that understand the consequences of program trading running at over 50% of NYSE volume. (55.5% last week) Nor, do mantunderstand what it takes to move the tick 400 points on the nas in 20 seconds and an equal amount on the NYSE at the same time. These are huge forces at work. This is not the work of one maverick trader out there.

I think I have presented a pretty good case with references to back my position. One just needs to connect the dots to see what is going on.