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Strategies & Market Trends : DAYTRADING Fundamentals

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To: LPS5 who wrote (8474)5/16/2000 11:56:00 AM
From: Bill Martin  Read Replies (1) of 18137
 
Can someone explain why INTC is sitting with a 100 share Ask at 120.25 left over from Friday? The market moves up and down past that quote in both directions, but it just keeps sitting there on the L II screen. The current Bid is above 121.

Looks like some MM (GAIN) put that quote on the system and left to go fishing for the week. Surely there's a better explanation though.

Bill
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