Would anyone know if Market makers really do manipulate the market for profit in the way so many traders and bloggers claim they do? For example, the Market Makers weekly cycle, accumulation, distribution, etc? Do or have institutional traders actually admitted to trading in this manner or is it all just a load of wallop invented to explain a random market? I myself would like to believe it but I'm looking for a little more proof these days. Are there any good articles, books, or online bloggers who explain the truth about this topic,. If it is in fact real, they I would love to read a book on it but I'm not even sure which book to get? Any help on this topic would be greatly appreciated. Thanks

MMs can manipulate markets in the short term but in the longer term the power of investment flows will dictate what happens. MMs have to be allowed to make a profit as they provide a very very important service.

Agreed, and thanks for replying. I suppose what I'm looking for now is the availability of researched articles and books on this topic. Thanks.