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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked
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To: kathyh who wrote (21466)3/30/1999 12:10:00 PM
From: MrThesp  Read Replies (3) of 90042
 
Yeah it reversed again...(or maybe I screwed up in my excitement);-)

Currently 1,227,300 shares have sold at the bid price. 1,109,600 have been bought at the ask price.

But...the “tick” volume at ask is beating the bid. What this means (usually over a longer term than intraday) is that, although the stock may be going up the “smart money” is selling. Goes back to the ticker-tape days.
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