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Strategies & Market Trends : JMills' Center of Trades and News
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To: Jeff Mills who wrote ()2/13/1997 3:14:00 PM
From: Chuck Hekman   of 57
 
Hi Jeff! A few quick & easy questions for you. First, do you still watch INNO? If you do, what do you think? Secondly, for much of the past week or two the bid typically has been 11/32 with a bid size of 500. The ask has typically been 3/8 with an ask size of 1,000. Does this, the difference in bid vs. ask sizes, indicate (generally) that the MM's are more interested in buying at 11/32 than selling at 3/8? And, would this then indicate (again generally) that an uptick is more likely to occur than a downtick? Also, a fair number of trades occur splitting the difference, the price is 23/64. How can I tell if those are investors buying or selling? Thanks in advance for your help. Chuck Hekman
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