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Re: Specialists hit stops



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Mike,
      I should have know better, maybe I'll learn one of these days
<G>.

Jim
-----Original Message-----
From: Michael Robb <mrobb@xxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, June 19, 1998 6:38 PM
Subject: Specialists hit stops


>Jim Greening:
>
>I met a AMEX floor trader some years ago who made the statement
"sellers are
>there to be taken out".
>
>To some extent they see the market before we traders do because of
their
>book that shows stop orders.  They do not have your best interests at
heart,
>unless you consider the efficiency of providing the other side of the
trade
>you have demanded.
>
>Mike
>