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Ah, thanks, Bryan. Yes, I was thinking Market Maker instead of Mark to
Market. Thanks for talking about the Mark to Market advantages. It is an
interesting topic.
Aaron Schindler
----- Original Message -----
From: "Bryan K. Mulholland" <speculator@xxxxxxxxxxxxx>
To: "'The Barrington Bear'" <schindlertrading@xxxxxxxxxxx>
Cc: "Omega-List (E-mail)" <omega-list@xxxxxxxxxx>
Sent: Monday, July 23, 2001 4:40 AM
Subject: RE: looking for retail day traders
> Aloha Everyone,
>
> To answer your question about the tax advantages, there are nothing but
> benefits for this "Mark to Market" switch, from my stand point. You were
> referring to "Market Maker", and I would think that is a totally new ball
> game. They are employed by the large "public firms", and usually do not
> trade for themselves. I could be wrong though, but I think that the NYSE
> specialists are the only ones qualified to uphold such a mighty position.
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