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Market Makers/Profit takers     

Abbie2u - 25 Jun 2004 13:08

I am confused about what they actually do and can they personally trade the
market in the same way as inside traders because they can anticipate what will
happen.Also,profit takers are almost never mentioned on the board which is
surprising as large ones,like morgan stanley,can almost totally control a share
price by e.g.holdining 150,000,000 shares and at the same time give apparantly
independent Buy/sell/hold advice.
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