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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (3368)7/17/1998 11:36:00 AM
From: Allen B.  Read Replies (1) of 4969
 
Steve, A question: While watching SBUX trade around 55 7/8 by 56- two different trades occurred at 55 7/16 (3700 trades 55 7/16@ 10:45 and 3300 trades 55 7/16@ 11:12) I figured it was a late print by a mkt. maker but when I looked at a Time & Sales window the 2 trades were highlighted and marked as "Bunched Trades". I've heard of "bundled trades" but never "bunched". Any idea what this means?? Thank you. Regards, Allen
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