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Strategies & Market Trends : The picks
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To: Andrew Vance who wrote (2372)1/20/1997 1:30:00 PM
From: Steven Messina,L.M.T.   of 6124
 
Andrew,

Thanks for your "non picks"...hehe.....I'll check into them.

Hey, I'm a bit confused regarding your KNIC trade. Your full order on Friday was not filled completely at bid: 7 1/4 correct? Then, and I am only assuming here, you placed a market order...bid: $8 for this a.m.? Dont shoot me if I'm wrong, because I know I must be. Just trying to make heads and tales out of the action this morning. There must have been a multitude of market orders taken over the weekend on KNIC, and being that the new NASDAQ rules do not apply to KNIC (yet) the MM's may have had a field day.....just my view.

Either which way, I'd glad to see KNIC toying around in the $8 range.
At 12:55pm KNIC was up 3.23% for the day. I feel it will clear $8 once again by the close.

Regards,

Steve
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