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Politics : Ask Michael Burke

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To: Earlie who wrote (44656)	1/27/1999 10:52:00 AM
From: Cynic 2005	Read Replies (1) of 132070

Earlie, have you noticed that the spread on NYSE have widened (at times even 1/2) and ticks are jumping at bigger gaps (more than 1/4 point at times) on even the most liquid stocks. This is something I have observed in the last couple of weeks. At the last check, our beloved POS, MU has a b/a of 71/71 1/2. Which jumped from 70 3/4/71. Very odd. Me thinks that liquidity is drying-up and hot-money is changing stocks very fast.

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