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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: slipnsip who wrote (150)10/24/1996 12:20:00 PM
From: Randy McWilliams   of 308
 
To all: can anyone provide an explanation for the following - yesterday Oct23 WED just before 2:30 the Nasdaq Composite started to rise steeply (graph). In addition, at the same precise time, many of the tech stocks I follow - ESST, CUBE, VLSI, TXN and others moved up abruptly. Why all at the same time? I couldn't see any news that was responsible. I asked briefing.com and they called around but could not provide an answer. Does anyone know why this index and these stocks moved basically all at the same time? Thanks. And David thanks for your previous response.
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