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Strategies & Market Trends : Rande Is . . . HOME

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To: howto who wrote (15076)11/16/1999 10:53:00 AM
From: Rande Is  Read Replies (1) of 57584
 
SIEB intraday shows short-selling just above 21. . .see how the ask is held at 21.50, while the bid creeps down minute by minute. . .and with large size. . . then bam. . .the gap down, followed by a quick cover of short-position, then reset of ceiling at 20.50. Not a lot of volume in the shorting. . . very small group. . . but without buyers, SIEB is a sitting duck.

Some sellers in NATS. . .will probably have regrets soon. I am discovering some really legitimate things about this issue.

Rande Is
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