MOOV moves? together with VUPDA Message Board

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Non-Tech : MOOV moves? together with VUPDA

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To: yard_man who wrote (11)	1/16/1998 9:47:00 PM
From: James F. Hopkins	Read Replies (1) of 30

Barry ; Guess what! my 2k order filled, not only that I'm watching the bid/ask tick screen, when I see the Market makers tick her down to 1-9/32 were they go ahead and buy some small orders, then do the uptick to 1-5/16 at which point I'm most sure it was a short sale they wanted to fill..( some hanger on short who likley shorted back when she was at 1-1/8 a few days ago is likley trying to average down by shorting more..well they gave me 2k and someone else got a k, and then she ticked right back up to 1-11/32 and put the short is on the wrong side of the tick. He put in an order for 5k but only got 3k, the market makers had just got themselves some at 1-9/32 and will get 1-3/8 for them. There are no real sellers of any amount any more, had it not been for the shorter I likly would not have filled at 1-5/16, so now I'll have to add em up again as I forgot were I had figured my cost basis would be with this, I'm begining to like the shorts now. She has short term resitance at 1-3/8 as the market makers have enough shares below that to make a nice profit at that point. Jim

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