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Technology Stocks : Ascend Communications (ASND)
ASND 221.33-1.3%Feb 11 3:59 PM EST

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To: Chi-X who wrote (6365)7/9/1997 7:05:00 PM
From: casey (guessed password)   of 61433
 
It 'seemed' there was a lot more selling today after the rise which concluded at about 11:56 EST (@ 48 1/2, 6.7mil shrs) than buying. But the seller's control never bought a foothold, as buyers came back in around 1:37 EST (@ 47 3/8, 9.8mil shrs); 2:18 EST (@ 47 3/4, 10.6mil shrs), 3:10 EST (@ 47 5/8, 11.8mil shrs); and 3:39 EST (@ 47 13/16 12.85mil shrs).

The Question is: Does anyone know where to find out how many of these 'sales' were short? - Because it 'seemed' that in about 80% of the upticks the bid/ask size would flip to the sell side (that is: they were just sitting there waiting); only to be reversed later by buyers.

Conclusion: It 'seemed' that the sellers/shorts just did not want to concede defeat. Fortunately, there weren't enough of them. - I'm just curious: How many were 'shorts?'
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