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Non-Tech : Invest / LTD
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To: Thean who wrote (12869)4/4/2000 6:40:00 PM
From: drsvelte  Read Replies (2) of 14427
 
Speaking of Bid x Ask, I was watching PWAV and at one time the spread reached 4 points (around 4%). I've never seen anything like that in a relatively liquid stock.

CNBC and their pundits are now calling for a retest. Talking about a break below todays lows to 3500, and possibly down to 2900, on the COMPX. But 2.8 billion shares with the free-fall at noon, seems to describe panic to me. What with earnings season beginning in earnest tomorrow, this would be unlikely. Now if YHOO throws a turd in the punchbowl, well, then a retest may be in order.
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