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Strategies & Market Trends : ABNORMAL VOLUME AND BLOCK TRADES

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To: Mr. Jens Tingleff who wrote (334)11/30/1999 2:10:00 PM
From: LemonHead  Read Replies (1) of 336
 
Hi All, Could anyone gives us the proper definition for "Crossed"? TIA

Keith
Message 12143947

hey jz, or anyone else out there that could answer a question that i really don't know the answer to.
like most of us, i imagine, we have some sort of alert device attached to our stock lists to update us on happenings as they occur. since i do own a couple of "big caps", i sometimes get a "block trade" alert as i did yesterday on BSX. the information read, "350,000 share block trade @$22 3/8 off 1/8 crossed by lehman brothers."
question is, how do i tell if this trade was a buy or a sell?
probably something pretty basic that i'm missing, but then again, i'm missing a lot of basic things.
regards,

wondering in woodland hills
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