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Non-Tech : MB TRADING

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To: Tim Luke who wrote (1868)11/8/1998 7:18:00 PM
From: Nazbuster  Read Replies (1) of 7382
 
i hate trading on friday's, i won't trade after the first 3 hours

NOW, you tell me! It was ASND, too! Nasty ASND. Bad boy.

Tim, can you explain that action on Friday? It was so strange seeing the price just plummeting, yet the MMs kept piling onto the bid at each tick down. Was this one large, concerted "fake"? Even if all were really selling, who was buying at such a furious pace if not the people showing up on bid? I guess even the MMs can be wrong sometime.
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