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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: Henry Niman who wrote (764)9/10/1997 1:42:00 PM
From: Andrew H   of 2173
 
Henry, this whole conversation over here with Tony and Betty is taking on a negative tone, which IMO is going to lead to lasting bad feelings. I suggest that the 3 of you stop trying to convince each other you are wrong. The content is being lost since you guys are picking on each other semantics.

Yes, the Lombard chart does show individual trades, but when there is heavy volume they become so bunched that it may be impossible to separate the individual trades. If it is a swap between the MMs, then it is not going to be at the ask price. If its at 16 1/16 it is definitely a buy.

As for JT, sounds like he has level 2, but we have yet to see if his timing is correct.
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