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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Chris who started this subject10/9/2003 3:22:37 PM
From: Saulamanca  Read Replies (1) of 52237
 
Aaron Task

mini madness 10/09/03 03:03 PM ET

Brad Sullivan of Group 6 Trading reports a 12,000 contract sale of S&P E-minis hit the tape at 2:13 p.m. EDT. A minute before, bids were around 1043-1043.50; a minute later it was as low as 1040.75 after this "extraordinary amount of E-minis" traded, he said. Thereafter, there was "follow-through selling at various levels," Sullivan reported, in attempting to explain the afternoon swoon.

thestreet.com
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